Belleflamme and Peitz (2014)
Contents
Source Details
| Belleflamme and Peitz (2014) | |
| Title: | Digital Piracy (An Update) |
| Author(s): | Paul Belleflamme and Martin Pietz |
| Year: | 2014 |
| Citation: | Belleflammea, Paul, and Martin Peitzb. Digital piracy. (2014). |
| Link(s): | Definitive |
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| Cross Country Study?: | No |
| Comparative Study?: | No |
| Literature review?: | No |
| Government or policy study?: | No |
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Abstract
The objective of this note is to provide a comprehensive and up-to-date overview of digital piracy. Although we put the emphasis on the economic analysis, we also brie y present the legal context and its recent evolution. As digital piracy consists in infringing intellectual property laws, it is important to start by understanding the rationale of such laws. That allows us to de�ne more precisely what is meant by digital piracy. We can then move to the economic analysis of piracy. We start with the basic analysis, which explains why piracy is likely to decrease the pro�ts of the producers of digital products; we also examine how the producers have reacted to digital piracy when it started to grow. We review next more recent contributions that point at possible channels through which piracy could improve the pro�tability of digital products. These channels have inspired new business models for the distribution of digital products, which we describe in the last part of the essay. Throughout the essay, we report the results of some of the most recent empirical studies, so as to quantify the impacts of digital piracy.
Main Results of the Study
Policy Implications as Stated By Author
