We experimentally test in a developing country whether people prefer a situation where individual and social interests coincide, a situation promoting equality or another one promoting a better relative position. We also investigate whether incentive compatible choices are consistent with...

Piracy is frequently considered as a reprehensible activity that harms the pirated firm. Our contribution reviews the different mechanisms and rationales supporting the idea that pirated firms may profit from the piracy (namely the indirect appropriation and bundled sales, the exposition effect...

Rather than tolerating piracy or increasing sanctions, an artist can release his product directly to consumers by allowing them to download it under a ‘pay-what-you-want’ online strategy. We show analytically that this strategy can (1) be more profitable than a strategy with perfect or...

Thanks to an intertemporal analytical model, we incorporate aspirational consumers in Veblen markets for luxury fashion items. We show how a luxury monopolist can increase its profits thanks to the presence of counterfeit products. The genuine producer profit is shaped by two opposite effects:...