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Friday, December 14, 2012

Before the Eulogy

The harmony application says it repeatedly, with passion and conviction: downloading hurts gross sales. That statement is at the heart of the war on file away sharing, both of medicine and movies, and underpins lawsuits against thousands of music fans, as well as legislation canonic last week by a House bench subcommittee that would create federal penalties for using what is known as peer-to-peer engine room to download copyrighted works. It is also part of the reason that the justness Department introduced an intellectual-property task force last week that plans to spirit up criminal prosecutions of copyright infringers. But what if the industry is wrong, and file sharing is not hurting record sales? It tycoon seem counterintuitive, but that is the conclusion reached by two economists who released a draft last week of the first study that makes a rigorous economic comparison of directly observed natural process on file-sharing networks and music buying. Downloads have an effect on sales which is statistically indistinguishable from zero, despite rather precise estimates, print its authors, Felix Oberholzer-Gee of the Harvard Business School and Koleman S. Strumpf of the University of North Carolina at Chapel Hill.
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The industry has reacted with the kind of flustered consternation that the White House expertness display if Richard A. Clarke showed up at a Rose tend tea party. Last week, the Recording Industry Association of the States sent out three versions of a six-page response to the study. The conundrum with the industry view, Professors Oberholzer-Gee and Strumpf say, is that it is not supported by solid evidence. preceding(prenominal) studies have failed because they tend to depend on surveys, and the authors contend that surveys of wicked activity are not trustworthy. Those who agree to have their lucre behavior discussed or monitored are unlikely to be good example of all Internet users, the authors wrote. Instead, they analyzed the direct data of music downloaders over a 17-week... If you want to get a blanket(a) essay, order it on our website: Ordercustompaper.com

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