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Intellectual property pricing under asymmetric duopoly

Pu-yan Nie, Zi-rui Chen and Chan Wang

Journal of Retailing and Consumer Services, 2021, vol. 58, issue C

Abstract: Patent price is the key for intellectual property (IP) trade and IP financing. By duopoly model, this article develops the theory of patent price. First, patent increases consumer surplus. Second, the firm with higher marginal costs prices patent higher than others. Finally, the firm with higher marginal costs prices patent higher under Stackelberg situation than that under Cournot cases.

Keywords: Patent price; Consumer surplus; Stackelberg competition; Cournot competition (search for similar items in EconPapers)
JEL-codes: L13 L41 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joreco:v:58:y:2021:i:c:s0969698920312698

DOI: 10.1016/j.jretconser.2020.102261

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