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may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
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This paper studies the impact of software piracy in a two-sidedmarket setting. Software platforms attract developers … developers over software protection may arise: whereas one side benefits from better protection, the other party loses out. Under … and users to maximize their profits. The equilibrium price structure is affected by piracy: license fees to developers are …
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