The Shapley value as a guide to FRAND licensing agreements

Dehez, Pierre;Poukens, Sophie
(2013) , 25 pages

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  • Dehez, PierreUCLouvain
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  • Poukens, Sophie
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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.
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Dehez, P., & Poukens, S. (2013). The Shapley value as a guide to FRAND licensing agreements (LIDAM Discussion Papers CORE 2013/12). https://hdl.handle.net/2078.5/244267