There are many commodities that possess the characteristic of non-rivalness in consumption even though exclusion is possible. The focus of this paper is the optimal contract designed by a profit-maximizing monopolist, who can provide an excludable public good to a group of n potential consumers,...

This paper characterizes the optimal contract designed by a profit-maximizing monopolist, who can provide an indivisible and excludable public good to a group of n potential consumers, whose valuations are private information. The analysis takes distribution costs and congestion effects into...

The article will outline the economics of copyright and exclusive distribution of contents in Internet, assessing economic cost and benefits deriving from the application of standard economic and legal principles to Internet distribution. After having outlined the terms of the debate on the...

We study the decision problems faced by a city authority (CA) who focuses on two different objectives in her attempt to attract members of the creative class to her city by providing a local public good (LPG). First, we compute the maximum tax that a creative class member is willing to pay to...