Abstract

http://ssrn.com/abstract=1353075
 
 

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White Knight or Trojan Horse? The Consequences of Digital Rights Management for Consumers, Firms and Society


Thierry Rayna


Novancia Business School Paris

Ludmila Striukova


University College London

March 4, 2009

Communications & Strategies, No. 69, p. 109, 1st Quarter 2008

Abstract:     
Due to its ability to solve all main problems associated with digital goods, Digital Rights Management is the favorite option used by companies to tackle piracy. The aim of this article is to discuss the consequences of DRM for consumers, firms and society. The rationales of DRM are discussed and the expected benefits for firms are presented. In contrast, consumers are shown to be likely to see few benefits in DRM. This article demonstrates that even a standard DRM system is unlikely to improve social welfare. The article concludes with some public policy recommendations.

Number of Pages in PDF File: 17

Keywords: Digital Rights Management, Digital Goods, Piracy, Excludability, Durability, Sampling

JEL Classification: O34, O38, I30, H53, H42

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Date posted: July 20, 2009  

Suggested Citation

Rayna, Thierry and Striukova, Ludmila, White Knight or Trojan Horse? The Consequences of Digital Rights Management for Consumers, Firms and Society (March 4, 2009). Communications & Strategies, No. 69, p. 109, 1st Quarter 2008. Available at SSRN: http://ssrn.com/abstract=1353075

Contact Information

Thierry Rayna (Contact Author)
Novancia Business School Paris ( email )
3 Rue Armand Moisant
Paris, 75015
France
Ludmila Striukova
University College London ( email )
Gower Street
London, England WC1E 6BT
United Kingdom
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