Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5075942 | Information Economics and Policy | 2012 | 10 Pages |
Abstract
⺠We present a model of music piracy with endogenous copying costs. ⺠Copying costs decrease as the number of originals sold increases. ⺠The sales of stars' music suffer more from piracy than those of smaller artists. ⺠Yet piracy can increase the recognition of an artist's music. ⺠Stars, but not smaller artists, offset sales losses with recognition-related income.
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Authors
Amedeo Piolatto, Florian Schuett,