Illegal online file sharing, decision-analysis, and the pricing of digital goods / Michael I.C. Nwogugu
- Nwogugu, Michael C. I.
- Boca Raton, FL : CRC Press, Taylor & Francis Group, 
- Physical Description:
- xiii, 287 pages ; 26 cm
- Introduction -- Economic psychology issues inherent in illegal online file sharing by individuals and institutions; and illegal online file sharing as production systems -- Illegal online file sharing and information producers' strategies -- Complexity and optimal sanctions for illegal online file sharing, under unconstrained transferable utility and varying compliance -- Economics of digital content: new digital content-control and anti-P2P systems/methods -- The free rider problem, inequality in networks and a critique of tit-for-tat mechanisms -- Pricing digital content: the marginal cost and open access controversies -- New models of dominance of allocations (in network games) that solve some of the problems inherent in Lorenz dominance, higher-order stochastic dominance models and higher-order prospect theory -- Consumer surplus, equilibrium prices and the enterprise value of digital content -- Human decisions, optimal search and stopping; and the pricing of differentiated digital goods in legal P2P and client-server networks under unconstrained transferable utility and unknown demand, and three new network-allocation mechanisms -- Shapley value cannot be used in network access pricing, network cost allocation, the pricing of digital-content or analysis of electricity distribution networks -- Stackelberg analysis cannot be used in network access pricing, network cost-allocation or pricing of digital-content -- Illegal file sharing and network access pricing -- Conclusion.
- 9781498783934 paperback alkaline paper and 1498783937 paperback alkaline paper
- Bibliography Note:
- Includes bibliographical references and index.
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