Economic and Policy Implications of Restricted Patch Distribution

Economic and Policy Implications of Restricted Patch Distribution

In this paper, we study how restricting the availability of patches to legal users impacts vendor’s profits, market share, software maintenance decisions, and welfare outcomes. Prior work on this topic assumes that hacker’s effort is independent of the vendor’s decision to release the patch freely or not. Clearly, if the patch is not available to everyone, the hacker finds it easier to exploit ...

The Countervailing Incentive of Restricted Patch Distribution: Economic and Policy Implications

Traditionally, the government has been the sole entity to enforce anti-piracy measures. Of late, software vendors are attempting to thwart piracy of their products by limiting the patch to only legal users. By doing so, the vendor can vertically differentiate the legal copy from the pirated copy since pirates suffer more from hacker activity. Such an action by the vendor has interesting implica...

Reimportation of Pharmaceuticals: Economic and Policy Implications

origins of armenia’s foreign policy and its foreign policy towards iran

foreign policy takes root from complicated matters. however, this issue may be more truth about armenia. although the new government of armenia is less than 20 years, people of this territory are the first ones who officially accepted christianity. in very past times, these people were a part of great emperors like iran, rome, and byzantium.armenia is regarded as a nation with a privileged hist...

The Monetary Policy, Credit Constraint and Spatial Distribution of Economic Activity: A Contribution of New Economic Geography

T his paper investigates the effect of monetary policy on the distribution of economic activity and agglomeration economies within a country. The considered channel for this effectiveness is the availability of credit to firms in various regions and the effects on the labor and consumer welfare. For this purpose, data for manufacturing firms located in 30 different provinces in Iran ...