IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2407.14642.html
   My bibliography  Save this paper

Applying the Nash Bargaining Solution for a Reasonable Royalty II

Author

Listed:
  • David M. Kryskowski
  • David Kryskowski

Abstract

This paper expands on the concepts presented in Applying the Nash Bargaining Solution for a Reasonable Royalty ( arXiv:2005.10158 ). The goal is to refine the process for determining a reasonable royalty using statistical methods in cases where there is risk and uncertainty regarding each party's disagreement payoffs (opportunity costs) in the Nash Bargaining Solution (NBS). This paper uses a Bayes Cost approach to analyze Case 1, Case 2, and the Original Nash model from the authors' previous work. By addressing risk and uncertainty in the NBS, the NBS emerges as a more reliable method for estimating a reasonable royalty, aligning with the criteria outlined in Georgia Pacific factor fifteen.

Suggested Citation

  • David M. Kryskowski & David Kryskowski, 2024. "Applying the Nash Bargaining Solution for a Reasonable Royalty II," Papers 2407.14642, arXiv.org.
    • Handle: RePEc:arx:papers:2407.14642
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2407.14642
    File Function: Latest version
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2407.14642. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.