This report reviews the definition of artistic originals and official estimates of investment in originals as recorded in the UK National Accounts. New data are also used to estimate the value of the UK stock of artistic originals. The report concludes that approximately £1.1bn more was...

I Cannot Spare a Square: Scarcity, Trade-Offs, and Opportunity Cost -- Mastering Your Domain: Cost-Benefit Analysis and Incentives -- Ending World Hunger: The Gains from Exchange -- No Soup for You: How Market Structure Alters Your Choices -- Low Flow? I Don't Like the Sound of That:...

This paper investigates the effects of illegal file sharing (piracy) on music and movie sales. The Swedish implementation of the European Union directive IPRED on April 1, 2009 suddenly increased the risk of being caught and prosecuted for file sharing. We investigate the subsequent drop in...

This paper investigates the effects of illegal file sharing (piracy) on music and movie sales. The Swedish implementation of the European Union directive IPRED on April 1, 2009 suddenly increased the risk of being caught and prosecuted for file sharing. We investigate the subsequent drop in...