A comparison of milestone contract and royalty contract under critical value criterion in R\&D alliance

DOI10.1007/S00500-018-03727-0zbMATH Open1436.90062OpenAlexW2906804508MaRDI QIDQ781306FDOQ781306

Yiping Fu, Shanxue Yang, Zhihua Chen, Zhibing Liu

Publication date: 16 July 2020

Published in: Soft Computing (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00500-018-03727-0

zbMATH Keywords

information asymmetrycritical value criterionmilestone contractR\&D allianceroyalty contract

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Production theory, theory of the firm (91B38)

Cites Work

• Risk, ambiguity and the Savage axioms
• Uncertainty theory
• Milestone Payments or Royalties? Contract Design for R&D Licensing
• The New Economics of Regulation Ten Years After
• Impacts of risk attitude and outside option on compensation contracts under different information structures
• An uncertain contract model for rural migrant worker's employment problems
• A fuzzy supply chain contract problem with pricing and warranty
• Strategic technology licensing in a supply chain
• Cooperation royalty contract design in research and development alliances: help vs. knowledge-sharing
• Uncertain agency models with multi-dimensional incomplete information based on confidence level
• The impacts of private risk aversion magnitude and moral hazard in R\&D project under uncertain environment
• Title not available (Why is that?)
• Adverse Selection and Liquidity Distortion

Cited In (2)

• Special issue on decision making and uncertainty
• Manufacturer's R\&D cooperation contract: linear fee or revenue-sharing payment in a low-carbon supply chain

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