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digital music where consumers can sample the horizontal quality of songs by watching free music videos online. Identifi cation … comes from a natural experiment in Germany, where virtually all videos that contain music are blocked on a popular video … cancel out in the sales performance of songs, whereas online music videos trigger sales of albums. …
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history of 18th-century music: the "Scale to Measure the Merits of Musicians." It comprises an evaluative chart of two …, and places it in the context of a rising music historiography in Britain. …
Persistent link: https://www.econbiz.de/10011574395
With the referral of the Kodak-Fuji market access dispute to the World Trade Organization, the role of retail distribution channel control by incumbent firms as a barrier to imports has drawn much interest. This paper reviews the issues from an historical perspective and analyzes the...
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We design the profit-maximizing mechanism to sell an excludable and nonrival good with network effects. Buyers have heterogeneous private values that depend on how many others also consume the good. In optimum, an endogenous number of the highest types shares consumption, and we provide an...
Persistent link: https://www.econbiz.de/10015064213
On October 4, 2021, all services provided by Meta Platforms, Inc. (then Facebook, Inc.) became unavailable unexpectedly for all its worldwide users for a period of about six hours. We use detailed high‐frequency tracking data from smartphones, tablets and desktop computers of thousands of Meta...
Persistent link: https://www.econbiz.de/10015331895
We follow Fuhrer (2000) in estimating via Maximum Likelihood a log-linear consumption function on UK data. In doing so we consider various habit formation assumptions. We show that a model of purely external habits as in Fuhrer (2000) fits the UK data remarkably well, and possibly in a superior...
Persistent link: https://www.econbiz.de/10011517872