digital piracy, when legal sellers can sometimes control the extent of piracy by implementing digital rights management (DRM …) systems. It is shown that the seller's optimal pricing schedule can be characterized as a simple combination of the zero-piracy … pricing schedule, and a piracy-indifferent pricing schedule which makes all customers indifferent between legal consumption …

. In theory, piracy could crowd out legitimate sales by building file sharing capacity, but could also increase sales …

. In theory, piracy could crowd out legitimate sales by building file sharing capacity, but could also increase sales …

More intensive copyright enforcement reduces piracy, raises prices, and lowers consumer surplus. We show that these … encouraging piracy among low-value buyers. Extending enforcement down the demand curve broadens the copyright holder s captive … enforcement by copyright holders may be insuciently extensive since consumers can also benefit from more extensive enforcement …

copyright. This paper introduces the articles collected in the following symposium, produced by a number of scholars … participating in the lively worldwide community devoted to the study of the economic role of copyright law in light of current …