Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Jan 2012
The Rule of Law Overrules the Rule of Thumb
The Rule of Law Overrules the Rule of Thumb
ASA
Page Range: 126 – 133
DOI: 10.5791/12-00005.1
A popular rule of thumb often used by experts to establish a baseline royalty rate for a patent has been discredited by the courts in a recent patent infringement case. Those who previously relied on that rule of thumb should consider alternative approaches to arrive at a reasonable royalty rate. This discussion describes the rule of thumb and alternative approaches to measure economic damages in a patent infringement case.Abstract
Copyright: American Society of Appraisers