Lahiri, Atanu; Dey, Debabrata - In: Management Science 59 (2013) 1, pp. 245-264
invest in innovation and eventually to lower-quality products. Manufacturers, policy makers, and researchers all claim that … the manufacturer's quality decision problem in the presence of piracy. We consider a monopolist who does not have any … marginal costs but has a product development cost quadratic in the quality level produced. The monopolist faces a consumer …