What is it about?
A patented technology that improves the quality of a network / system product may be efficiently licensed through auction mechanism. The auction revenue is however smaller if the network effect is stronger.
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Why is it important?
The paper identifies the role of network effect in auctioning of technology.
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This page is a summary of: PATENT LICENSING BY A STANDARD AUCTION IN THE PRESENCE OF NETWORK EXTERNALITY*, Manchester School, March 2005, Wiley,
DOI: 10.1111/j.1467-9957.2005.00443.x.
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