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detailed answer keys. While most textbooks on industrial organization focus on theory and empirical findings, this textbook …
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1. Introduction -- 2. Consuming Music -- 3. Basic Producer Theory -- 4. The Music Industry Disrupted: The COVID Era …This book uses economic theory to explain how consumers and producers have responded to major changes in the music …. Byun has done extensive research on the changes in the music industry using applied economic theory. …
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We run a market experiment where firms can choose not only their price but also whether to present comparable offers. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the market. If some offers are comparable however, some...
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