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Author:Perry, M.
Vincent, D. R.
Title:The optimal timing of procurement decisions and patent allocations
Journal:International Economic Review
2002 : NOV, VOL. 43:4, p. 1035-1052
Index terms:Operational research
Optimization
Mathematical programming
Patents
Language:eng
Abstract:The authors construct a mechanism in which a planner exploits the researchers' private information to determine when and to whom to allocate rights to pursue the final prize. This mechanism does not require any payments and, therefore, will not distort earlir investment incentives.
SCIMA record nr: 248461
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