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Sequential innovation, naked exclusion, and upfront lump-sum payments

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Publication:722613
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DOI10.1007/s00199-017-1042-3zbMath1403.91164OpenAlexW2599310311MaRDI QIDQ722613

Christodoulos Stefanadis, Jay Pil Choi

Publication date: 27 July 2018

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://www.cesifo.org/DocDL/cesifo1_wp6412.pdf

zbMATH Keywords

entryinnovationexclusivitylump-sum payment


Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)


Related Items

NETWORK EXTERNALITIES, DOMINANT VALUE MARGINS, AND EQUILIBRIUM UNIQUENESS, The competitive and welfare effects of long-term contracts with network externalities and bounded rationality



Cites Work

  • Coalition-proof Nash equilibria. I: Concepts
  • Patent protection, capital accumulation, and economic growth
  • Two-sided markets, competitive bottlenecks and exclusive contracts
  • The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms
  • The Sale of Ideas: Strategic Disclosure, Property Rights, and Contracting
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