From VoxEU.org comes this audio in which Joel Waldfogel of the University of Pennsylvania’s Wharton School talks to Romesh Vaitilingam about the economics of digital media, including: music file sharing (both illegal and legal) and the impact on artists and record labels; the threat that intellectual property piracy poses to the movie business; and the future of books and newspapers in the digital age.
Asymmetric Market Power, Competition and Ethics
17 hours ago

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