Learning by Copying a Piratable Good

DOI: 10.4236/tel.2014.49099   PDF   HTML   XML   4,568 Downloads   4,964 Views   Citations

Abstract

In this paper, we analyze the behavior of a multiproduct monopolist, a duopolist and consumers who are able to learn by copying. We show that the DRM systems implemented by the digital industry have adverse consequences, because they hinder the use of original goods and provide consumers with an incentive for copying. Finally, we show that the Cournot effect may fail, unlike previous studies.

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Martínez-Sánchez, F. (2014) Learning by Copying a Piratable Good. Theoretical Economics Letters, 4, 787-794. doi: 10.4236/tel.2014.49099.

Conflicts of Interest

The authors declare no conflicts of interest.

References

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