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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...
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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...
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Peer influence in social networks has been studied for over four decades by social scientists and marketing researchers. Due to recent growth of internet technologies and online social networks, research on peer influence has gained even more attention over the last decade. But, most extant...
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We use panel data on digital song and album sales coupled with a quasi-random price experiment to determine own- and cross-price elasticities for songs and albums. We then develop a structural model of consumer demand to estimate welfare under various policy relevant counterfactual scenarios....
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Many have speculated that the recent outbreak of COVID-19 has led to a surge in the use of online streaming services. However, this assumption has not been closely examined for music streaming services, the consumption patterns of which can be different from video streaming services. To provide...
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