shifts rents from music consumers to the monopolistic provider, moreover a maximal punishment for piracy will be welfare-maximizing. …

This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for … pirate. Next, it provides an exploration of the consequences of digital piracy, using a base model and several extensions …-user piracy is then taken. After a brief review of commercial piracy, additional legal and private responses to end-user piracy …

possibility that illegal copies of those goods may be purchased on black markets (the phenomenon of piracy). Heavy taxation of … maximisation context, because the tax rate is highly distortionary, due to the presence of piracy. Corrective taxation, aimed at … piracy. In contrast with the normative results, the median voter model predicts an inefficiently large tax rate on status …

in equilibrium. However, government monitoring may not result in complete deterrence of piracy. Further, the MNC shifts …