@article{Grassi:8222,
      recid = {8222},
      author = {Grassi, Iacopo},
      title = {The Music Market in the Age of Download},
      address = {2007},
      number = {834-2016-55467},
      series = {KTHC Nota di Lavoro 80.2007},
      pages = {33},
      year = {2007},
      abstract = {Internet, mp3 files, peer-to-peer software and digital  technologies for copying have radically modified the music  sector. In this paper I present a theoretical model, that  investigates the consequences of the appearance of a pirate  low quality good (typically a mp3 file) in the music  market. In this paper I propose a model of sampling,  consider the possibility that the firm modifies its  business entering into the low quality segment and  investigate the supposed conflict between the recording  company, whose profit depends on the CD sold, and the  artist, whose profits depend in part on the live  performance, the demand of which can increase for the  positive externality due to the illegal download of music.},
      url = {http://ageconsearch.umn.edu/record/8222},
      doi = {https://doi.org/10.22004/ag.econ.8222},
}