Belleflamme, Paul; Picard, Pierre M. - In: Journal of Economics & Management Strategy 16 (2007) 2, pp. 351-383
drives prices up and may lead to price dispersion. Competition reduces total surplus in the short run but provides higher …"The effects of (private, small-scale) piracy on the pricing behavior of producers of information goods are studied …-Nash equilibria in a duopoly. Comparing equilibrium prices to the prices set by a multiproduct monopolist, we show that competition …