We analyze the dynamics of the (non-drastic) patents which last for several periods when its owner is asymmetrically informed in relation to their users. These learn -by using the patent- its cost characteristics, and there is symmetric information among the users. In this setting, we show that...

The aim of this paper is to study the (non-drastic) patent dynamics when their users have private information with respect to the patent owner and the rival users. We found that, together with the sampling effect and the dissipation effect, an informational effect appears and, as a consequence,...