Formulas for Fair, Reasonable and Non-Discriminatory royalty determination

This paper takes an axiomatic approach to determining ldquofair, reasonable, and non-discriminatoryrdquo (ldquoFRANDrdquo) royalties for intellectual property (ldquoIPrdquo) rights. Drawing on the extensive game theory literature on ldquosurplus sharing/cost sharingrdquo problems, the author describes specific formulas for determining license fees that can… CONTINUE READING