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...

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...

This paper analyzes the impact of music file sharing on CD purchases. Traditionally, two arguments are opposed concerning the impact of music file sharing on CD sales. On the one hand, MP3 downloads only reduces sales of legitimate CDs (the competition effect). On the other hand, consumption of...