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dc.contributor.authorDewenter, Ralfen
dc.contributor.authorHaucap, Justusen
dc.contributor.authorWenzel, Tobiasen
dc.date.accessioned2009-08-31-
dc.date.accessioned2009-09-17T07:40:57Z-
dc.date.available2009-09-17T07:40:57Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/27994-
dc.description.abstractThis paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. Using a model with two interrelated Salop circles we show that prices in both markets are corrected down- wards when compared to the standard Salop model. Furthermore, we show that the effects of file sharing on firms' profitability and on variety are ambiguous. File sharing can increase profits through increased concert ticket demand and thereby also lead to additional market entry and additional variety.en
dc.language.isoengen
dc.publisher|aTechnische Universität Ilmenau, Institut für Volkswirtschaftslehre |cIlmenauen
dc.relation.ispartofseries|aDiskussionspapier |x63en
dc.subject.jelL13en
dc.subject.jelL82en
dc.subject.jelZ10en
dc.subject.ddc330en
dc.subject.keywordMusic Industryen
dc.subject.keywordIndirect Network Effectsen
dc.subject.keywordSalop Modelen
dc.subject.keywordFile Sharingen
dc.titleIndirect network effects with two Salop circles: the example of the music industry-
dc.typeWorking Paperen
dc.identifier.ppn60165630Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:tuiedp:63en

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