Information Disclosure through Technology Licensing
Arijit Mukherjee and
Aniruddha Bagchi
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Aniruddha Bagchi: Department of Economics, Finance, and Quantitative Analysis, Kennesaw State University, 1000 Chastain Rd NW, Kennesaw, GA 30144, USA
Games, 2020, vol. 11, issue 3, 1-8
Abstract:
We show that even if information transmission through an honest outside agency is not possible due to the possibility of collusion between the firms and the outside agency, information transmission is still possible through technology licensing. However, unlike the case of a cost-free honest outside agency, where information transmission always occurs under a quantity setting oligopoly, information transmission through licensing does not always occur.
Keywords: asymmetric information; information transmission; licensing (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2020
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