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We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to the "long tail" of existing products, rather than simply...
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We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to the "long tail" of existing products, rather than simply...
Persistent link: https://www.econbiz.de/10012456005
We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption opportunities by giving consumers access to the “long tail” of existing products, rather than...
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1. An introduction to the theory of social accounting / Thomas Aronsson and Karl-Gustaf Löfgren -- 2. The money metrics … / Kenneth Backlund and Tomas Sjögren -- 4. Dynamic endogenous risk and social accounting / Ram Ranjan and Jason F. Shogren -- 5 … in practice? / Eva Samakovlis -- 7. The theory of dynamic cost-benefit analysis : some recent advances / Chuan-Zhong Li …
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