Recent Advances in the Analysis of Competition Policy and Regulation
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Recent Advances in the Analysis of Competition Policy and Regulation

Edited by Joseph E. Harrington Jr and Yannis Katsoulacos

Bringing scholars and policymakers to the frontiers of research and addressing the critical issues of the day, the book presents original important new theoretical and empirical results. The distinguished contributors include: P. Agrel, K. Alexander, J. Crémer, X. Dassiou, G. Deltas, F. Etro, L. Filistrucchi, P. Fotis, M. Gilli, J. Harrington Jr, T. Huertas, M. Ivaldi, B. Jullien, V. Marques, M. Peitz, Y. Spiegel, E. Tarrantino and G. Wood.
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Chapter 3: The Economics of Pending Patents

Johannes Koenen and Martin Peitz

Extract

3. The economics of pending patents Johannes Koenen and Martin Peitz1 3.1 INTRODUCTION Imagine yourself playing chess with an acquaintance, with whom you are not necessarily friendly, so that the outcome of the game matters to you. Your acquaintan...

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