Showing 1 - 10 of 276
Persistent link: https://www.econbiz.de/10003362681
Persistent link: https://www.econbiz.de/10003229380
Recently, a new concept, the anticommons dilemma, has been introduced in economic literature. In an anticommons property regime, multiple co-owners have the right to exclude one another from benefiting from a common resource. The economic literature has unveiled symmetry between commons and...
Persistent link: https://www.econbiz.de/10014071633
This Article conducts an experimental investigation of anticommons dilemmas. The results confirm that anticommons deadweight losses increase with the degree of complementarity and the degree of fragmentation of property. Our study further provides three novel insights into the problem of...
Persistent link: https://www.econbiz.de/10014069638
Persistent link: https://www.econbiz.de/10001486054
Persistent link: https://www.econbiz.de/10001698030
Persistent link: https://www.econbiz.de/10001900995
Persistent link: https://www.econbiz.de/10003007421
This paper applies a model of complementary oligopoly and anticommons pricing to the market for intellectual property rights. Our model demonstrates a surprising and interesting overlooked result: In the market for complementary goods, price coordination and monopolistic pricing do not...
Persistent link: https://www.econbiz.de/10014114044
This paper develops a general model of anticommons fragmentation in property. To this end, we differentiate between different forms of property fragmentation. With the use of several functionally related examples, we consider the equilibria obtained under different scenarios. The various...
Persistent link: https://www.econbiz.de/10014120192