A group of firms decides to cooperate on a project that requires a combination of inputs held by some of them. These inputs are non-rival but excludable goods i.e. public goods with exclusion such as knowledge, data or information, patents or copyrights. We address the question of how firms...

We consider the problem faced by standard-setting organizations of specifying Fair, Reasonable And Non-Discriminatory agreements. Along with Layne-Farrar, Padilla and Schmalensee (2007), we model the problem as a cooperative game with transferable utility, allowing for patents that have...