研討日期

20100327日上午10:20 ~ 13:00

研討地點

台灣大學社會科學院   26教室

討論文獻

題目

作者

文獻出處

Welfare reducing licensing

Ramon Faulí-Oller

and Joel Sandonís

GAMES and Economic Behavior

報告人

王羿傑

參加人員

梁文榮  吳芝文  王佳琪  王羿傑  周冰瑤  鍾慧陵  許淑瑛 彭正浩  蔡明芳  高國峰  陳金盛  涂光億  施姵全  丁虹仁 褚泓毅

論文提要

    In this paper, we characterize situations where licensing a cost reducing innovation to a rival firm using two-part tariff contracts (a fixed fee plus a linear per unit of output royalty) reduces social welfare.We show that it occurs if (i) the firms compete in prices, (ii) the innovation is large enough but not drastic, and (iii) the goods are close enough substitutes.

Moreover, we show that, regardless of the type of competition, first, the optimal contract always includes a positive royalty and, second, even drastic innovations are licensed whenever the goods are not homogeneous.

備註

1.The intuition for the main result must be considered again. In particular, authors show that for low values of c and γ licensing is welfare improving. However, members of workshop suggest that figure 1 explains the intuition of welfare directly.