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Abstract: The Economics of IPR Protection Policies: Reply
Abstract
The Economics of IPR Protection Policies: Reply
The Review of Network Economics
Vol. 6, Issue 4 - December 2007, pp 530 - 534
Author
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Ricard Gil.
Department of Economics, UC Santa Cruz
E-mail: rgil@ucsc.edu |
Abstract
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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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