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  3. American Economic Review
  4. September 2006
  5. A Model of Forum Shopping

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

A Model of Forum Shopping

  • Josh Lerner
  • Jean Tirole
American Economic Review
vol. 96, no. 4, September 2006
(pp. 1091–1113)
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Abstract

Owners of intellectual property or mere sponsors of an idea (e.g., authors, security issuers, sponsors of standards) resort to more or less independent certifiers to persuade potential users (buyers or adopters) of the worth of their property or idea. We analyze the sponsor’s choices of certifier and design, social preferences regarding these choices, and the impacts thereon of multiple categories of users, of a downstream presence of the sponsor, and of certifier market power. Finally, we study strategic forum shopping by sponsors of competing ideas. (JEL D82, 031, 034)

Citation

Lerner, Josh, and Jean Tirole. 2006. "A Model of Forum Shopping." American Economic Review, 96 (4): 1091–1113. DOI: 10.1257/aer.96.4.1091

JEL Classification

  • D82 Asymmetric and Private Information; Mechanism Design
  • O31 Innovation and Invention: Processes and Incentives
  • O34 Intellectual Property and Intellectual Capital