A Comment on Liebowitz

O. Shy
2005 CESifo Economic Studies  
Stan presents a comprehensive theoretical analysis how P2P networks may affect sales of music CDs. He calls it the "file-sharing hypothesis". The paper considers every possible aspect of the issue. In this respect, I have nothing to add. Moreover, Stan takes no position and presents all arguments objectively. That is, the presentation of the issues is balanced.
doi:10.1093/cesifo/51.2-3.475 fatcat:sxjnseqcdbg5dijoieehuuq4ie