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We present a framework to evaluate the impact of digital music distribution. We set up a representative model that … enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales …
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The music industry is facing the development of online P2P networks, direct download services and other forms of … digital piracy, while at the same time the format and promotion of pre-recorded music are undergoing major transformations …. The chapter is organized as follows. First, I analyze how digital piracy and digital music distribution are changing the …
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I quantify the effects of private-network music sharing on aggregate album sales in the BitTorrent era using a panel of …
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