Cremer, Helmuth; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2006
This paper develops a simple model of piracy to analyze its effects on prices and welfare and to study the optimal … may be responsible for the control of piracy. We show that copying or piracy might be welfare enhancing because it is a … to finance the development cost via the pricing scheme applied to high valuation consumers. The level of piracy control …