This study examines the impact of Brett Kavanaugh's Supreme Court appointment on U.S. music consumption, specifically … in seemingly unrelated sectors like the music industry. It underscores the importance of adaptive strategies in digital …

Digitization has importantly expanded the scope for reusing music in movies, a process known as music synchronization …. We use panel data on Netflix and Shazam to estimate the causal effect of music synchronization on the discovery of reused … songs. Our results show that songs are substantially more likely to be discovered via Shazam’s music recognition algorithm …

line with a reinforcement learning model, we find that subjects who won a random lottery took significantly more risk in a …

The literature on learning in unknown environments emphasises reinforcing on actions which produce positive results …

In this guide, we discuss the impact of digitalization on the music industry. We rely on market and survey data at the … technological protection of digital music and describes new business models as well as consumers' attitude towards music downloads … and audio-streaming. We conclude the guide by a discussion of the evolution of the music industry. …

We develop a model of firm learning in volatile markets with noisy signals and test its predictions using historical … improvements from learning are faster where market signals are noisier. …

the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …