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dimensions. First, we identify two strategies of revenue extraction in a digital world: either through the sale of content, which …
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, because only a small proportion of them are visible and promoted in the offline world. With digitization, as suggested by the …
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Using a survey on cultural habits and consumption behavior of 2,000 individuals, we study the determinants of physical purchases and pay-downloads in four cultural industries: books, recorded music, movies, and video games. We show that the impact of piracy on legal purchases differs among these...
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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...
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