Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

A Member of the Law Professor Blogs Network

Monday, August 5, 2013

The Shapley value as a guide to FRAND licensing agreements

Posted by D. Daniel Sokol

Pierre Dehez (Universite catholique de Louvain) and Sophie POUKENS(Universite catholique de Louvain) describe The Shapley value as a guide to FRAND licensing agreements.

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.

http://lawprofessors.typepad.com/antitrustprof_blog/2013/08/the-shapley-value-as-a-guide-to-frand-licensing-agreements-.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef019104561498970c

Listed below are links to weblogs that reference The Shapley value as a guide to FRAND licensing agreements :

Comments

Post a comment