File Sharing: Creative Destruction or Just Plain Destruction?*
@article{Liebowitz2006FileSC, title={File Sharing: Creative Destruction or Just Plain Destruction?*}, author={S. Liebowitz}, journal={The Journal of Law and Economics}, year={2006}, volume={49}, pages={1 - 28} }
The sharing of sound recordings over the Internet is the newest controversy in a long-running battle between copyright owners and copying technologies. In order to provide some context, perspective, and background, this paper examines the short history of file sharing, the longer history of record sales, various explanations for the change in record sales, and some analysis of the economics of copying. Although file sharing has been imperfectly and inconsistently measured, it nevertheless… Expand
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