The music industry has repeatedly expressed concerns over online music sharing activity and its potentially devastating impact on revenues. Until recently, attempts to control online file-sharing have been primarily through consumer education and legal action against the operators of networks...

Advances in online technologies and bandwidth availability have opened new vistas for online distribution of digital goods. But potential benefits for consumers are juxtaposed against challenges for retailers of such goods. Here we investigate one type of digital experience good - music - whose...

The increasing pervasiveness of the internet, broadband connections and the emergence of digital compression technologies have dramatically changed the face of digital music piracy. Digitally compressed music files are essentially a perfect public economic good, and illegal copying of these...

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 network based sharing/distribution mechanisms...