Dewenter, Ralf; Haucap, Justus; Wenzel, Tobias - Institut für Volkswirtschaftlehre, Fakultät für … - 2009
This paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. Using a model with two interrelated Salop circles we...