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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6316 |
DP6316 Intergenerational Mobility and the Informative Content of Surnames | |
maia guell; José V Rodríguez Mora; Chris Telmer | |
发表日期 | 2007-06-08 |
出版年 | 2007 |
语种 | 英语 |
摘要 | RAND commitments - i.e., promises to license on reasonable and non-discriminatory terms - play a key role in standard setting processes. However, the usefulness of those commitments has recently been questioned. The problem allegedly lies in the absence of a generally agreed test to determine whether a particular license satisfies a RAND commitment. Swanson and Baumol have suggested that "the concept of a ?reasonable? royalty for purposes of RAND licensing must be defined and implemented by reference to ex ante competition." In their opinion, a royalty should be deemed 'reasonable' when it approximates the outcome of an ex ante auction process where IP owners submit RAND commitments coupled with licensing terms and selection to the standard is based on both technological merit and licensing terms. In this paper we investigate whether the ex ante auction approach proposed by Swanson and Baumol is likely to deliver efficient outcomes, both from static and dynamic standpoints. We find that given the peculiar characteristics of some of the industries where standardization takes place, in particular the many different business models adopted by innovating companies in those industries, the ex ante auction approach proposed by Swanson and Baumol may not always deliver the right outcomes from a social welfare viewpoint. |
主题 | Industrial Organization |
关键词 | Auctions Fairness Licensing Standard setting |
URL | https://cepr.org/publications/dp6316 |
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/535158 |
推荐引用方式 GB/T 7714 | maia guell,José V Rodríguez Mora,Chris Telmer. DP6316 Intergenerational Mobility and the Informative Content of Surnames. 2007. |
条目包含的文件 | 条目无相关文件。 |
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