Competition in the Presence of Counterfeiters: The Case of Fines Imposed on Counterfeiters and Pocketed by the Genuine Firm

Author:

Di Liddo Andrea1

Affiliation:

1. Department of Economics, University of Foggia, Largo Papa Giovanni Paolo II, 71121 Foggia, Italy

Abstract

A firm sells a luxury product protected by conventional intellectual property rights (IPR) laws. However, a counterfeiter can illegally copy and sell the product without the permission of the brand-name producer. Fines are imposed on caught counterfeiters and pocketed by the genuine firm. Stackelberg equilibria resulting from the competition between the genuine firm and the counterfeiter are computed. It is shown that, whenever the production cost of the genuine item is not too low, then the genuine firm can benefit from counterfeiting presence. Furthermore, the amount of the fine and the level of enforcement that maximize the genuine company’s profit is calculated.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3