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Showing 1 to 1 of 1 for “"industry .. Nash bargaining"”.
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A Theoretical and Empirical Analysis of the Impact of the Digital Age on the Music Industry
We present an in-depth analysis of the music industry and use our findings to judge the practical assumptions and design of an original theoretical model. The model is in three stages, where, in a Hotelling-type framework, the last agents to act are consumers who choose between copying, purchasing, …