Bounie, David; Bourreau, Marc; Waelbroeck, Patrick - 2015
This paper analyzes the impact of music file sharing on CD purchases. Traditionally, two arguments are opposed … concerning the impact of music file sharing on CD sales. On the one hand, MP3 downloads only reduces sales of legitimate CDs (the … competition effect). On the other hand, consumption of free MP3s could lead people to buy CD which they would never have bought …