Music Downloads and the Flip Side of Digital Rights Manageme(17)

Vernik,Purohit,andDesai:MusicDownloadsandtheFlipSideofDRM

MarketingScience,ArticlesinAdvance,pp.1–17,©2011INFORMS

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ItiseasytoseethateM<M;hence, UD D>0forallfeasiblevaluesofeM.

17

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U

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Proposition6.Thedifferenceinpiracyvolumes,SU SR= eM 1 + 1 / 2eT ,demonstratesthatSU<SRalways.

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