I've talked to a lot of pirates over the decades and there are very few "lost sales" - something like 80% of the file sharing population are either "never going to buy it anyway" or "I have a paid copy which I have backed up and enjoy sharing".
The peak pirating years for Australia (when per capita the country dominated the file share numbers) were when digital copies of games, music, films were being marked up at 25% to 50% over the (after currency conversion) sale prices in the US and EU.
After some years of unabated piracy the Australian prices dropped to match the rest of the world and piracy rates receded to just ticking over, sustained by the technical types that enjoyed the process as much if not more than the content.
Copyright infringement is a pushback counter pressure against eye gouging over zealous pricing.
The peak pirating years for Australia (when per capita the country dominated the file share numbers) were when digital copies of games, music, films were being marked up at 25% to 50% over the (after currency conversion) sale prices in the US and EU.
After some years of unabated piracy the Australian prices dropped to match the rest of the world and piracy rates receded to just ticking over, sustained by the technical types that enjoyed the process as much if not more than the content.
Copyright infringement is a pushback counter pressure against eye gouging over zealous pricing.