Abstract
The desire to own a prestigious brand seems to have spread across the world. But multiple factors conspire to prevent most consumers from acquiring a real Prada handbag or Rolex watch. Many search for black-market vendors in places like Chinatown in New York City, venturing like Toth (2007) down dodgy alleys into dingy basements to find fakes at nearly unbelievable prices.
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© 2009 Springer-Verlag Berlin Heidelberg
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Chaudhry, P. (2009). Introduction. In: The Economics of Counterfeit Trade. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-77835-6_1
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DOI: https://doi.org/10.1007/978-3-540-77835-6_1
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Publisher Name: Springer, Berlin, Heidelberg
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Online ISBN: 978-3-540-77835-6
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