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Optimal Compensation for Data-Sharing in Registration Processes

Author

Listed:
  • Klaus Brockhoff

    (Institut für Betriebswirtschaftslehre der Christian-Albrechts-Universität Kiel, D2300 Kiel, Federal Republic of Germany)

Abstract

Data-sharing is suggested or required in various registration procedures to avoid parallel testing of possibly dangerous substances. The question arises what the optimal compensation of an imitator to the innovator would be under such conditions. In a first arbitration award a scheme to determine the compensation is given. We develop another scheme on the basis of the Nash-solution for cooperative games. This is discussed with respect to the Shapley value and the core of the game.

Suggested Citation

  • Klaus Brockhoff, 1985. "Optimal Compensation for Data-Sharing in Registration Processes," Management Science, INFORMS, vol. 31(9), pages 1142-1149, September.
    • Handle: RePEc:inm:ormnsc:v:31:y:1985:i:9:p:1142-1149
    DOI: 10.1287/mnsc.31.9.1142
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    Cited by:

    1. Nippel, Peter, 1997. "Lizenzierung bei möglicher Imitation," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 439, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.

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    Keywords

    games/bargaining;

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