| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP6112
|
| DP6112 Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach |
| Frank Smets; Rafael Wouters
|
| 发表日期 | 2007-02-14
|
| 出版年 | 2007
|
| 语种 | 英语
|
| 摘要 | We explore potential methods for assessing whether licensing terms for intellectual property declared essential within a standard setting organization can be considered fair, reasonable, and non-discriminatory (FRAND). We first consider extending Georgia-Pacific to a standard setting context. We then evaluate numeric proportionality, which is modelled after certain patent pool arrangements and which has been proposed in a pending FRAND antitrust suit. We then turn to two economic models with potential. The first?the efficient component-pricing rule (ECPR)?is based on the economic concept of market competition. The second?the Shapley value method?is based on cooperative game theory models and social concepts for a fair division of rents. Interestingly, these two distinct methods suggest a similar benchmark for evaluating FRAND licenses, but ones which might appeal differently to the courts and competition authorities in the US as compared to Europe. We find that under any approach, patents covering ?essential? technologies with a greater contribution to the value of the standard and without close substitutes before the standard gets adopted should receive higher royalty payments after the adoption of the standard. |
| 主题 | Industrial Organization
|
| 关键词 | Efficiency
Fairness
Licensing
Patents
Standard setting organizations
|
| URL | https://cepr.org/publications/dp6112
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534951
|
推荐引用方式
GB/T 7714 |
Frank Smets,Rafael Wouters. DP6112 Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach. 2007.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
