IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v6(559)y2011i6(559)p27-46.html
   My bibliography  Save this article

Optimal Licensing Contracts with Adverse Selection and Informational Rents

Author

Listed:
  • Daniela MARINESCU

    (Bucharest Academy of Economic Studies)

  • Dumitru MARIN

    (Bucharest Academy of Economic Studies)

Abstract

In the paper we analyse a model for determining the optimal licensing contract in both situations of symmetric and asymmetric information between the license’s owner and the potential buyer. Next we present another way of solving the corresponding adverse selection model, using the informational rents as variables. This approach is different from that of Macho-Stadler and Perez-Castrillo.

Suggested Citation

  • Daniela MARINESCU & Dumitru MARIN, 2011. "Optimal Licensing Contracts with Adverse Selection and Informational Rents," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(6(559)), pages 27-46, June.
    • Handle: RePEc:agr:journl:v:6(559):y:2011:i:6(559):p:27-46
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/599.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=599&rid=75
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:6(559):y:2011:i:6(559):p:27-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.