11-26-2012, 12:15 AM
|
|
|
Confirmed User
Industry Role:
Join Date: Oct 2012
Location: Spamville
Posts: 294
|
Re: Megaupload closure
Quote:
|
We find that the shutdown had a negative, yet insignificant effect on box office revenues.This counterintuitive result may suggest support for the theoretical perspective of (social) network effects where file-sharing acts as a mechanism to spread information about a good from consumers with zero or low willingness to pay to users with high willingness to pay.
|
http://papers.ssrn.com/sol3/papers.c...act_id=2176246 |
|
|