Gopal, Ram D.; Bhattacharjee, Sudip; Sanders, G. L. - 2014
Music is an information good, and more specifically, an experience good, whose true value is realized only after its … consumption. At its fundamental form, artists create (or produce) the music that consumers pay to listen. Digital technologies and … of such goods. This paper models the economics of online music sharing and addresses the fundamental question: who …