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Peitz, Martin; Waelbroeck, Patrick - CESifo - 2004

In this guide, we discuss the impact of digitalization on the music industry. We rely on market and survey data at the international level as well as expert statements from the industry. The guide investigates recent developments in legal and technological protection of digital music and...

Persistent link: https://www.econbiz.de/10005766225

Use and Abuse of Authority - A Behavioral Foundation of the Employment Relation

Bartling, Björn; Fehr, Ernst; Schmidt, Klaus - CESifo - 2013

Employment contracts give a principal the authority to decide flexibly which task his agent should execute. However, there is a tradeoff, first pointed out by Simon (1951), between flexibility and employer moral hazard. An employment contract allows the principal to adjust the task quickly to...

Persistent link: https://www.econbiz.de/10010604419

Selling Reputation When Going out of Business

Hakenes, Hendrik; Peitz, Martin - CESifo - 2004

Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable? We consider a competitive market in which a share of owners must retire in each period. New owners, observing only recent profits, bid for the firms on sale. Customers are...

Persistent link: https://www.econbiz.de/10005405863

Community Enterprises - An Institutional Innovation

Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - CESifo - 2011

Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...

Persistent link: https://www.econbiz.de/10009020794

E-Lections: Voting Behavior and the Internet

Falck, Oliver; Gold, Robert; Heblich, Stephan - CESifo - 2012

This paper analyses the effect of information disseminated by the Internet on voting behavior. We address endogeneity … in Internet availability by exploiting regional and technological peculiarities of the preexisting voice telephony … network that hinder the roll-out of fixed-line broadband infrastructure for high-speed Internet. We find small negative …

Persistent link: https://www.econbiz.de/10010551013

Digital Piracy: Theory

Belleflamme, Paul; Peitz, Martin - CESifo - 2010

This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the...

Persistent link: https://www.econbiz.de/10008727287

The Effect of Internet Piracy on CD Sales: Cross-Section Evidence

Peitz, Martin; Waelbroeck, Patrick - CESifo - 2004

Persistent link: https://www.econbiz.de/10005765667

The Economics of Books

Canoy, Marcel F. M.; Ours, Jan C. van; Ploeg, Frederick … - CESifo - 2005

The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...

Persistent link: https://www.econbiz.de/10005766082

Piracy of Digital Products: A Critical Review of the Economics Literature

Peitz, Martin; Waelbroeck, Patrick - CESifo - 2003

Digital products have the property that they can be copied almost costlessly. This makes them candidates for non-commercial copying by final consumers. Because the copy of a copy typically does not deteriorate in quality, copying products can become a wide-spread phenomenon – this can be...

Persistent link: https://www.econbiz.de/10005094277

Regulation and Internet Access in Germany

Reutter, Michael - CESifo - 2001

We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...

Persistent link: https://www.econbiz.de/10005094480