This paper analyzes the optimal choice of pricing schedules and technological deterrence levels in a market with digital piracy where sellers can influence the degree of piracy by implementing digital rights management (DRM) systems. It is shown that a monopolist's optimal pricing schedule can...

The confluence of two digital forces—a shift towards platform-mediated peer-to-peer exchange, and a rise in the cognitive capabilities of artificial intelligence and robotics technologies—will dramatically reshape tomorrow’s workplace by making it difficult for a growing fraction of the...