Side payments, litigation risks and settlement outcomes
Autor: | Franco Cugno, Elisabetta Ottoz |
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Jazyk: | angličtina |
Rok vydání: | 2016 |
Předmět: |
Economics and Econometrics
Actuarial science Patent holder Infringement damages Public economics media_common.quotation_subject 05 social sciences Management Monitoring Policy and Law Consumers' welfare Payment Litigation risk analysis Licensee Licensing 0502 economics and business Economics Patent settlements 050207 economics Settlement (litigation) 050205 econometrics media_common |
Popis: | We offer a simple model of patent settlement for examining how litigation prospects, patent strength and expected damage awards affect consumer benefits stemming from settlement agreements providing for per-unit royalties and non-negative fixed fees. The result shows that consumers may be harmed if expected damage payments forgone by settlement lead to agreements with high royalty payments that benefit both the patent holder and licensee at the expense of the consumer. |
Databáze: | OpenAIRE |
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