The Shapley value as a guide to FRAND licensing agreements

Pierre Dehez () and Sophie Poukens
Additional contact information
Sophie Poukens: Université catholique de Louvain, Belgium

No 2013012, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: We consider the problem of specifying Fair, Reasonable And Non-Discriminatory agreements faced by standard-setting organizations. Along with Layne-Farrar, Padilla and Schmalensee (2007), we model the problem as a cooperative game with transferable utility, allowing for patents to be weak in the sense that they have substitutes. Assuming that a value has been assigned to weak patents, we obtain a formula for the Shapley value that gives an insight into what FRAND agreements should look like.

Keywords: patent licensing; Shapley value; core (search for similar items in EconPapers)
Date: 2013-05-06
New Economics Papers: this item is included in nep-com, nep-gth, nep-ino, nep-ipr and nep-pr~
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://sites.uclouvain.be/core/publications/coredp/coredp2013.html (application/pdf)

Related works:
Journal Article: The Shapley Value as a Guide to FRAND Licensing Agreements (2014)
Working Paper: The Shapley value as a guide to FRAND licensing agreements (2014)
Working Paper: The Shapley value as a guide to FRAND licensing agreements (2013)
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:cor:louvco:2013012

Access Statistics for this paper

More papers in LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Alain GILLIS ().