Copying, superstars, and artistic creation

@article{Alcal2010CopyingSA,
  title={Copying, superstars, and artistic creation},
  author={Francisco Alcal{\'a} and Miguel Gonz{\'a}lez-Maestre},
  journal={Information Economics and Policy},
  year={2010},
  volume={22},
  pages={365-378}
}
We provide a new perspective on the impact of unauthorized copying and copy levies on artistic creation. Our analysis emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the number of niche and young artists. From a dynamic perspective, piracy may help more young artists start their careers… CONTINUE READING

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