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We examine the rate of motion-picture piracy across a sample of 26 diverse countries. The level of piracy is explained empirically by the level of income, the cost of enforcing property rights, the level of collectivism present in a country's social institution and the level of internet usage....
Persistent link: https://www.econbiz.de/10010930479
Piracy is one of the most challenging problems faced by the motion picture industry. The Motion Picture Association of America estimates that US studios lose more than $3 billion annually in box office revenue from piracy. They have launched a major effort to prevent these losses. Yet their...
Persistent link: https://www.econbiz.de/10010930491