A model of forum shopping

Josh Lerner; Jean Tirole

doi:10.1257/aer.96.4.1091

A model of forum shopping

Josh Lerner^*, Jean Tirole

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

78 Scopus citations

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.

Original language	English (US)
Pages (from-to)	1091-1113
Number of pages	23
Journal	American Economic Review
Volume	96
Issue number	4
DOIs	https://doi.org/10.1257/aer.96.4.1091
State	Published - Sep 2006

ASJC Scopus subject areas

Economics and Econometrics

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