The Economics of The Market for Pirated Media: A Cross-Country Study
This paper investigates if economic theory can explain the factors which make consumers choose between pirated and original (legitimate) goods. It is demonstrated that economic theory explains much of the individual variation in a survey study. This study was carried out on a global scale, and studi...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2006
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| Online Access: | https://eprints.nottingham.ac.uk/24349/ |
| _version_ | 1848792755961069568 |
|---|---|
| author | Wood, Luke |
| author_facet | Wood, Luke |
| author_sort | Wood, Luke |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This paper investigates if economic theory can explain the factors which make consumers choose between pirated and original (legitimate) goods. It is demonstrated that economic theory explains much of the individual variation in a survey study. This study was carried out on a global scale, and studies differences between developed and developing economies. Availability, corruption, risk of prosecution are just some of the variables found to influence the purchase, and number of purchases of pirated media. The study illustrates that a major factor influencing the purchase of pirated goods, is the belief that they are being over charged. It is demonstrated that calculating the price elasticity of demand, and lowering the price to a level the consumer is happy with, may defeat the pirates, and even increase profits in some of these industries. |
| first_indexed | 2025-11-14T18:49:27Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-24349 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:49:27Z |
| publishDate | 2006 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-243492018-04-10T16:57:46Z https://eprints.nottingham.ac.uk/24349/ The Economics of The Market for Pirated Media: A Cross-Country Study Wood, Luke This paper investigates if economic theory can explain the factors which make consumers choose between pirated and original (legitimate) goods. It is demonstrated that economic theory explains much of the individual variation in a survey study. This study was carried out on a global scale, and studies differences between developed and developing economies. Availability, corruption, risk of prosecution are just some of the variables found to influence the purchase, and number of purchases of pirated media. The study illustrates that a major factor influencing the purchase of pirated goods, is the belief that they are being over charged. It is demonstrated that calculating the price elasticity of demand, and lowering the price to a level the consumer is happy with, may defeat the pirates, and even increase profits in some of these industries. 2006 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24349/1/lukeleewood.pdf Wood, Luke (2006) The Economics of The Market for Pirated Media: A Cross-Country Study. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Wood, Luke The Economics of The Market for Pirated Media: A Cross-Country Study |
| title | The Economics of The Market for Pirated Media: A Cross-Country Study |
| title_full | The Economics of The Market for Pirated Media: A Cross-Country Study |
| title_fullStr | The Economics of The Market for Pirated Media: A Cross-Country Study |
| title_full_unstemmed | The Economics of The Market for Pirated Media: A Cross-Country Study |
| title_short | The Economics of The Market for Pirated Media: A Cross-Country Study |
| title_sort | economics of the market for pirated media: a cross-country study |
| url | https://eprints.nottingham.ac.uk/24349/ |