You are here
A MODEL OF LOW-RISK PIRACY
- Date Issued:
- 2019
- Abstract/Description:
- Heterogeneous consumers make the decision to buy a durable good or to download a replica, and a monopolist chooses to price and protect their intellectual property in the form of an authentication cost. An optimal price and authentication cost is derived, and shown to be higher than the efficient outcome for a uniform distribution of consumers. The optimal selection of price and protection are shown to be commensurate with his authenticating technology, and the searching ability of consumers. As an extension, a layout for a monopolist problem where consumers have different searching abilities is shown to be indistinct from a homogeneous case when consumers are uniformly distributed.
Title: | A MODEL OF LOW-RISK PIRACY. |
41 views
22 downloads |
---|---|---|
Name(s): |
Camilo, Amil, Author Burguet, Roberto, Committee Chair University of Central Florida, Degree Grantor |
|
Type of Resource: | text | |
Date Issued: | 2019 | |
Publisher: | University of Central Florida | |
Language(s): | English | |
Abstract/Description: | Heterogeneous consumers make the decision to buy a durable good or to download a replica, and a monopolist chooses to price and protect their intellectual property in the form of an authentication cost. An optimal price and authentication cost is derived, and shown to be higher than the efficient outcome for a uniform distribution of consumers. The optimal selection of price and protection are shown to be commensurate with his authenticating technology, and the searching ability of consumers. As an extension, a layout for a monopolist problem where consumers have different searching abilities is shown to be indistinct from a homogeneous case when consumers are uniformly distributed. | |
Identifier: | CFH2000495 (IID), ucf:45647 (fedora) | |
Note(s): |
2019-05-01 B.S. College of Business Administration, Economics Bachelors This record was generated from author submitted information. |
|
Subject(s): |
piracy copyright protection microeconomic theory optimization economic theory consumer welfare |
|
Persistent Link to This Record: | http://purl.flvc.org/ucf/fd/CFH2000495 | |
Restrictions on Access: | campus 2020-05-01 | |
Host Institution: | UCF |