HT: Economic Logic
Against Monopoly
defending the right to innovate
Monopoly corrupts. Absolute monopoly corrupts absolutely.
Copyright Notice: We don't think much of copyright, so you can do what you want with the content on this blog. Of course we are hungry for publicity, so we would be pleased if you avoided plagiarism and gave us credit for what we have written. We encourage you not to impose copyright restrictions on your "derivative" works, but we won't try to stop you. For the legally or statist minded, you can consider yourself subject to a Creative Commons Attribution License.
Filesharing is good for social welfare
Does filesharing reduce profits of the music industry? This paper claims so, and that should not be that much of a surprise. However, it also argues that filesharing is welfare improving because it leads to more competition and thus lower prices. Remember, ultimately it is the consumer that counts when computing a surplus, not just music industry profits.
[Posted at 12/10/2009 05:34 AM by Christian Zimmermann on Was Napster Right? 
comments(3)]
Comments
[Comment at 12/13/2009 01:19 PM by bldiron]
Where's the new comment? Site says this post has a new comment, but all I see under Comments is "Comment at 12/13/2009 01:19 PM by bldiron" but no actual comment, by bldiron or otherwise.
[Comment at 12/13/2009 01:34 PM by Nobody Nowhere]
Does filesharing reduce profits of the music industry? This paper claims so, and that should not be that much of a surprise. However, it also argues that filesharing is welfare improving because it leads to more competition and thus lower prices. Remember, ultimately it is the consumer that counts when computing a surplus, not just music industry profits.
l-glutamina
[Comment at 11/18/2010 05:30 PM by Wurthe]
Submit Comment
Most Recent Comments
A Texas Tale of Intellectual Property Litigation (A Watering Hole Patent Trolls) Aunque suena insignificante, los números son alarmantes y nos demuestran que no es tan mínimo como
at 06/29/2022 08:48 AM by Abogado de Accidente de Carro en Huntington Park
at 11/27/2021 05:53 PM by Nobody
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:57 PM by Anonymous
at 01/06/2021 06:47 PM by Anonymous
at 01/06/2021 06:47 PM by Anonymous
at 01/06/2021 06:42 PM by Anonymous
at 01/06/2021 06:42 PM by Anonymous