Limited Commercial Licensing Strategies: A Piecewise Deterministic Differential Game

Domenico De Giovanni () and Jung Kyu Canci ()
Additional contact information
Domenico De Giovanni: University of Calabria
Jung Kyu Canci: Lucerne University of Applied Sciences and Arts

A chapter in Quantitative Models in Life Science Business, 2023, pp 17-28 from Springer

Abstract: Abstract We sketch a dynamic model of limited commercial licensing, also known as “compulsory licensing”, making use of the framework of piecewise-deterministic differential games. The framework features key ingredients, such as (i) The risk that a compulsory licensing will be issued; (ii) The lack of information available to player in terms of when and even whether the compulsory license will be issued. The setup can be used to tackle the important question about the beneficial and detrimental aspects of compulsory licensing.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-031-11814-2_2

Ordering information: This item can be ordered from
http://www.springer.com/9783031118142

DOI: 10.1007/978-3-031-11814-2_2

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().