DocumentCode :
2872633
Title :
Free-Riding and Competition in Network Markets for Digital Goods
Author :
Schmidt, Andreas U.
Author_Institution :
Fraunhofer Inst. for Secure Inf. Technol., Darmstadt
fYear :
2008
fDate :
7-10 Jan. 2008
Firstpage :
299
Lastpage :
299
Abstract :
We present a continuous, stochastic model - the first of its kind - for the monetary flow in multi-level markets allowing for the quantitative assessment of the incentive accruing to market participants through resales revenues. The main application of the model is for novel business models for the marketing of information goods, which purport to yield alternatives to technical copyright protection and DRM. We show analytically that within the scope of the model free-riding can be mitigated by employing multi-level marketing, and that multi-level markets are open markets for competing information goods.
Keywords :
copy protection; copyright; marketing data processing; stochastic processes; digital goods; information goods marketing; market participants; monetary flow; network markets; resales revenues; technical copyright protection; Computer industry; Consumer electronics; Copyright protection; Electromagnetic interference; Information analysis; Information technology; Law; Legal factors; Peer to peer computing; Stochastic systems;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Hawaii International Conference on System Sciences, Proceedings of the 41st Annual
Conference_Location :
Waikoloa, HI
ISSN :
1530-1605
Type :
conf
DOI :
10.1109/HICSS.2008.176
Filename :
4439004
Link To Document :
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