• Licensing technology and foreclosure 

      Clark, Derek J.; Foros, Øystein; Sand, Jan Yngve (Discussion paper, Working paper, 2007-10)
      We consider an industry where one firm with a superior technology competes for market shares with several rivals. The owner of the superior technology (the dominant firm) can license or transfer the source of its ...
    • The power of money : wealth effects in contests 

      Schroyen, Fred; Treich, Nicolas (Discussion Papers;13/2013, Working paper, 2013-06)
      Two wealth effects typically arise in any contest: i) wealth decreases the marginal cost of effort, but also ii) decreases the marginal benefit of winning the contest. In this paper, we introduce three types of strategic ...