The Marquee Result of the "Reel Piracy" Study

Brett Danaher of Wellesley College and I have a new working paper (Reel Piracy: The Effect of Online Piracy on International Box Office Sales) attempting to find evidence on whether piracy, in particular movie downloading via BitTorrent, depressed international movie box office revenue. Our approach is based on the following two insights. First, Hollywood movies …

Is the Sky Falling? The Quality of New Recorded Music since Napster

 This essay first appeared at Vox EU on Nov 14, 2011. Since the appearance of Napster a dozen years ago, intellectual property rights have effectively been substantially weakened. Unfettered stealing has caused revenues to the recorded music industry to tumble by roughly a third. While this reversal has prompted academic chin-scratching over its cause, most …