Not with Premiere Elements or any other under $1000 technology. Sorry.
Welcome to the forum.
Unfortunately with a burned DVD-Video (actually a DVD-ROM), there is no copy protection. The only way that copy protection can be added to a DVD-Video is by a replication house, that uses glass masters to press the DVD-Video. The Project must be authored in a full-featured authoring app, like Adobe Encore, or Sonic Scenarist, and then the Project is usually supplied to them via a DLT, though some are starting to accept a master disc.
Also, for every copy protection scheme, there are probably a dozen programs to get around it. One is better off just listing the © info, and trusting the user of the disc to honor that.
Copy protection on a BD is even more involved. As with DVD, it must be applied in replication (not burning), but the licensing fees are astronomical, starting at about US$50K for the license, and then a per disc fee. This is thanks to Sony, who seem hell-bent on killing off all non-commercial production of BD, regardless of what that does to the user-base. One of the main factors for the success of DVD was the home-burning of the discs, but non-commercial users.
Good luck, and sorry for the bad news,