Author(s)

Francisco Martínez-Sánchez

Departamento de Métodos Cuantitativos para la Economa y la Empresa, Universidad de Murcia, Murcia, Spain.

In this paper, we analyze the behavior of a multiproduct monopolist, a duopolist and consumers who are able to learn by copying. We show that the DRM systems implemented by the digital industry have adverse consequences, because they hinder the use of original goods and provide consumers with an incentive for copying. Finally, we show that the Cournot effect may fail, unlike previous studies.

Consumers, DRM, Learning by Copying, Piracy

Martínez-Sánchez, F. (2014) Learning by Copying a Piratable Good. Theoretical Economics Letters, 4, 787-794. doi: 10.4236/tel.2014.49099.