It is commonly believed that piracy of information goods leads to lower profits, which translate to lower incentives to invest in innovation, and eventually to lower quality products. Manufacturers, policy makers, and researchers, all claim that inadequate piracy enforcement efforts translate to...

Bundling is considered to be an effective pricing strategy for zero-marginal-cost information goods. Yet, in many information-goods markets, the effectiveness of bundling remains hard to ascertain. This is because information goods exhibit other characteristics as well, which can potentially...