In case of digital goods such like music, intellectual property rights are typically not exerted by the creators …

Music is typical experience good and the formats in which music is available; for example, CDs and cassettes or … downloaded files are durable in nature. Using these two typical characteristics of the 'music product', in this paper, we develop … an analytical framework to study the economic implications of online music piracy. On one hand, we show that no …

We present a framework to evaluate the impact of digital music distribution. We set up a representative model that … enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales …

We present a framework to evaluate the impact of digital music distribution. We set up a representative model that … enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales …

The development of Internet brought in revolutions in pricing models in the digital music industry. Currently, there … are three common schemes to sell digital music: ownership, subscription and mixed pricing models. Our paper aims to … factor that determines which pricing model is optimal. The music provider should choose the subscription model when the …