| Publications [#265892] of James J. Anton
Journal Articles
- Anton, JJ; Yao, DA, Markets for partially contractible knowledge: Bootstrapping versus bundling,
Journal of the European Economic Association, vol. 3 no. 2-3
(January, 2005),
pp. 745-754, ISSN 1542-4766 [doi]
(last updated on 2024/03/28)
Abstract: We discuss how a seller can appropriate rents when selling knowledge that lacks legal property rights by solving either an expropriation or a valuation problem and then analyze how seller rents increase when a portion of the intellectual property (IP) can be protected. The analysis shows that a sequential strategy in which the protected portion of the IP is sold prior to selling the unprotected IP is superior to selling both portions of the IP as a bundle. © 2005 by the European Economic Association.
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