A Game-Theoretic Model for Reasonable Royalty Calculation
Albany Law Journal of Science and Technology, Vol. 22, pp. 357, 2012
53 Pages Posted: 3 Sep 2012 Last revised: 4 Sep 2012
Date Written: 2012
This article describes a model for a hypothetical licensing negotiation for determining a reasonable royalty according to 35 U.S.C. § 284 as interpreted by Georgia-Pacific Corp. v. United States Plywood Corp. It connects the fifteen Georgia-Pacific factors to game-theoretic bargaining solutions and microeconomic market models. The result is a comprehensive framework for a systematic reasonable royalty analysis.
Suggested Citation: Suggested Citation