A Note on Patents and Leniency
The purpose of this note is to investigate the relationship between patents and market collusion. Specifically, by using game theory tools, it is shown that patents can act as a leniency mechanism, i.e., they can enable firms to leave a cartel without the risk of retaliation. However, the socially b...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Collegium of Economic Analysis, SGH Warsaw School of Economics
2020-03-01
|
Series: | Gospodarka Narodowa. The Polish Journal of Economics |
Subjects: | |
Online Access: | http://www.journalssystem.com/gna/A-Note-on-Patents-and-Leniency,116615,0,2.html |