Lost Profits from Patent Infringement: The Simulation Approach

A patent owner is entitled to recover any additional profits that would have been earned but for infringement. This paper suggests the use of an adaptation of merger simulation to assess lost profits in patent infringement cases. A model of the industry with infringement is calibrated to observed prices and quantities and estimated demand elasticities. Lost profits are then estimated by calculating a new equilibrium without the infringing product(s).

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Year of publication:	2000
Authors:	Werden, Gregory ; Froeb, Luke ; Langenfeld, James
Published in:	International Journal of the Economics of Business. - Taylor & Francis Journals, ISSN 1357-1516. - Vol. 7.2000, 2, p. 213-227
Publisher:	Taylor & Francis Journals
Subject:	Simulation \| Patents \| Damages

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005632716