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Abstract

The Economics of IPR Protection Policies: Reply

The Review of Network Economics

Vol. 6, Issue 4 - December 2007, pp 530 - 534



Author
  Ricard Gil.
Department of Economics, UC Santa Cruz
E-mail: [email protected]

Abstract
  In a comment to my paper "The Economics of IPR Protection Policies," Martínez-Sánchez (2007) shows that in my model under certain conditions the presence of piracy increases the quantity produced by the legal monopolist firm. In this note, I show how the algebra used in Martínez-Sánchez (2007) may be misleading and clarify under what assumptions such a finding would emerge. Finally, I discuss the validity of the assumptions in my model that would yield such counterintuitive finding.

Keywords: piracy, music, intellectual property, IPR

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