Markets for Partially Contractible Knowledge: Bootstrapping versus Bundling
探讨当知识缺乏法律产权保护时，卖方如何通过解决侵占或估值问题来获取经济租金，并分析当部分知识产权可受保护时，卖方租金如何增加。分析表明，先出售受保护部分再出售未受保护部分的顺序策略优于捆绑销售。
discuss how a seller can appropriate rents when selling knowledge that lacks legal property rights by solving either an expropriation or a valuation problem and then analyze how seller rents increase when a portion of the intellectual property (IP) can be protected. The analysis shows that a sequential strategy in which the protected portion of the IP is sold prior to selling the unprotected IP is superior to selling both portions of the IP as a bundle.