Does counterfeiting benefit genuine manufacturer? The role of production costs
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DOI: 10.1007/s10657-015-9509-9
Abstract: A monopolist sells a luxury genuine product which can be illegally copied and sold by a competitive fringe of counterfeiters. Fines imposed on caught counterfeiters are pocketed by the genuine firm. We prove that if… read more here.
Keywords: production; benefit genuine; counterfeiting benefit; production costs ... See more keywords