“Counterfeiting and Anti-Counterfeiting Costs: An Application of Cost of Quality Concepts” in Brand Protection and the Global Risk of Product Counterfeits: A Total Business Solution Approach. Cheltenham, UK: Edward Elgar, 141-158, 2022.
We apply concepts from the Cost of Quality (CoQ) literature to brand protection and product counterfeiting and use these concepts to provide insights into the nature of anti-counterfeiting investments and the returns to these investments. We start by describing the evolution of the CoQ model and contribute further to this model by incorporating additional cost characteristics. We then apply CoQ concepts to counterfeiting to better understand how firms can invest in anti-counterfeiting and dynamically assess their return to such investments.…