emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the … importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the … on copy equipment may crucially depend on whether their yields primarily accrue to superstars or are allocated to help …

superstars are identified by perceived talent superiority. Information technology and mass media have recently released a new …