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We study the economic impact of piracy on the supply chain of information goods. When information goods are sold to consumers via a retailer, in certain situations, a moderate dose of piracy seems to have a surprising positive impact on the profits of the manufacturer and the retailer, while, at...
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Recent times have witnessed the emergence of a business model where an intermediary sells a subscription plan that covers visits to multiple merchants. Examples abound, with ClassPass, Instacart, and Moviepass being a few prominent ones. The purpose of our study is to put this model under a...
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The role of education and enforcement in ensuring compliance with a law or policy has been debated for more than a century now. We reopen this debate in the context of security circumvention by employees, currently a leading cause of information security and privacy breaches. Drawing upon prior...
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