Schuett, Florian; Piolatto, Amedeo - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2011
(2006) who show that piracy is beneficial tothe artist when alternative revenues are important. In our model,however, this … does not carry over to the less popular artist, who isoften harmed by piracy even when alternative revenues are important ….We conclude that piracy tends to reduce musical variety. …