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The purpose of this article is to identify which, if any, segments of the movie business have suffered from digital piracy. We use a sample of 620 university members including undergraduate students, graduate students and professors to assess the effect of digital piracy on legal demand. A large...
Persistent link: https://www.econbiz.de/10012751465
This paper analyzes the impact of online customer reviews on purchasing decisions and the influence of online customer or peer reviews compared to other channels of information such as offline press (expert reviews) and trial versions (personal reviews). Using 7,024 answers of an anonymous...
Persistent link: https://www.econbiz.de/10012705828
This guide provides a critical review of the economics literature on the desirability and the effects of unbundling the local loop. Firstly, we discuss recent contributions, which aim to quantify the effect of unbundling regulations on the development of broadband services. Secondly, we review...
Persistent link: https://www.econbiz.de/10012755401
The development of mobile payment platforms in developing countries is revolutionizing access to finance for the poor. Mobile payment platforms allow their users to pay and transfer funds in mobile money, but also offer access to other financial products, such as savings or insurance. In this...
Persistent link: https://www.econbiz.de/10012994775
The success of streaming services seemed to mark the end of the two-decade-long debate about online piracy. However, the emergence of new websites aggregating and distributing illegally content from multiple streaming platforms rekindled the debate. In this paper, we are interested in...
Persistent link: https://www.econbiz.de/10014263347
The Digital Markets Act (DMA) entered into force on 1 November 2022 and its rules will apply from 2 May 2023. The Commission should designate, for the first time, the gatekeepers subjected to the rules by September 2023 at the latest, and those platforms should comply with prohibitions and...
Persistent link: https://www.econbiz.de/10014263426
In the telecommunications industry, the ladder-of-investment approach claims that service-based competition (when entrants lease access to incumbents' facilities) can serve as a “stepping stone” for facility-based entry (when entrants build their own infrastructures to provide services). In...
Persistent link: https://www.econbiz.de/10013093914
A new type of contractual arrangement in the music industry – the so-called “360-degree” or “equity” deal – allows a firm (e.g., a record label) to manage all of an artist’s activities, such as sales of recorded music, touring, merchandising, etc. Since these contracts internalize...
Persistent link: https://www.econbiz.de/10014036468
In cultural markets, for books, music or movies, sales are concentrated on a small number of highly successful products. One explanation for the skewness of sales is incomplete information: consumers are poorly informed about most products, because only a small proportion of them are visible and...
Persistent link: https://www.econbiz.de/10014037194
In this paper we study the impact of different forms of access obligations on firms’ incentives to migrate from the legacy copper network to next generation broadband infrastructures. We analyze geographically differential access prices of copper (that depend on whether or not an alternative...
Persistent link: https://www.econbiz.de/10014038841