Banerjee, Tanmoyee; Biswas, Nilanjana - In: Economics Bulletin 33 (2013) 4, pp. 3006-3013
Our paper develops a two-stage sequential game between an incumbent and a pirate to find the optimal quality level of the firm in the presence of network externality. The results show that the incumbent in the presence of piracy chooses minimum quality for its product and undertakes an...
