Advertising, search costs, and social welfare

Article Abstract:

A study, analyzing the effects of advertising, leading to higher or lower market prices under consumer search costs, is presented. For this purpose, a model is developed, showing the affects of equilibrium prices, search costs, and social welfare in monopoly and imperfectly competitive markets.

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Does decrease in copying cost support copyright term extension?

Article Abstract:

Simulation of a model shows that a decrease in copying cost demands a decrease in copyright duration. Longer lifespan and deferred child-bearing may support copyright term extension.

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Multi-level markets and incentives for information goods

Article Abstract:

A study on multi-level markets, describing the incentives for a profitable marketing of the information goods, is discussed.

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