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Design of the contingent royalty rate as related to the type of investment

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Bibliographic Details
Main Authors: Jyh-Bang, Jou, Charlene Tan, Lee
Format: Book
Language:English
Published: Springer 2023
Subjects:
contingent royalty rate
type of investment
Online Access:https://link.springer.com/article/10.1186/s40854-023-00450-0
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7760
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spelling oai:localhost:PNK-77602023-04-11T04:28:14Z Design of the contingent royalty rate as related to the type of investment Jyh-Bang, Jou Charlene Tan, Lee contingent royalty rate type of investment CC BY This study investigates the design of the royalty rate in a first-price auction across three types of investments: incremental and lumpy with or without an exogenously given intensity. A bidder’s investment cost comprises private information. This, together with the stochastic evolution of the price of the output generated from the auctioned project, precludes the seller from setting the exact dates of investment with the winner. However, the seller can set the royalty rate to equate the winner’s royalty payment with the winner’s information rent so that the winner acts as if to maximize the seller’s revenue. 2023-04-11T04:28:14Z 2023-04-11T04:28:14Z 2023 Book https://link.springer.com/article/10.1186/s40854-023-00450-0 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7760 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic contingent royalty rate
type of investment
spellingShingle contingent royalty rate
type of investment
Jyh-Bang, Jou
Charlene Tan, Lee
Design of the contingent royalty rate as related to the type of investment
description CC BY
format Book
author Jyh-Bang, Jou
Charlene Tan, Lee
author_facet Jyh-Bang, Jou
Charlene Tan, Lee
author_sort Jyh-Bang, Jou
title Design of the contingent royalty rate as related to the type of investment
title_short Design of the contingent royalty rate as related to the type of investment
title_full Design of the contingent royalty rate as related to the type of investment
title_fullStr Design of the contingent royalty rate as related to the type of investment
title_full_unstemmed Design of the contingent royalty rate as related to the type of investment
title_sort design of the contingent royalty rate as related to the type of investment
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1186/s40854-023-00450-0
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7760
_version_ 1762909083967422464
score 8.887929

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