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White Knight or Trojan Horse? The Consequences of Digital Rights Management for Consumers, Firms and Society

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Author Info

  • Thierry RAYNA

    (Imperial College, London)

  • Ludmila STRIUKOVA

    (University College, London)

Abstract

Due to its ability to solve all main problems associated with digital goods, Digital Rights Management is the favourite option used by companies to tackle piracy. The aim of this article is to discuss the consequences of DRM for consumers, firms and society. The rationales of DRM are discussed and the expected benefits for firms are presented.. In contrast, consumers are shown to be likely to see few benefits in DRM. This article demonstrates that even a standard DRM system is unlikely to improve social welfare. The article concludes with some public policy recommendations.

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File URL: http://repec.idate.fr/RePEc/idt/journl/CS6905/CS69_RAYNA_STRIUKOVA.pdf
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Bibliographic Info

Article provided by IDATE, Com&Strat dept. in its journal Communications & Strategies.

Volume (Year): 1 (2008)
Issue (Month): 69 (1st quarter)
Pages: 109-126

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Handle: RePEc:idt:journl:cs6905

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Related research

Keywords: Digital Rights Management; Digital Goods; Piracy; Excludability; Durability; Sampling.;

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