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Economics of File-Sharing

Umair writes "The Red Herring's got an article by me about the economics of file-sharing, which argues that the music industry should provide insurance...against itself. This is because the contract listeners sign with labels is risky - it lets labels shirk on their end of the bargain. That's why file-sharing isn't just 'theft', it's risk-sharing. The original, longer, version of the paper is here, which argues that this a situation economists call double moral hazard."

14 of 265 comments (clear)

  1. werd up by Anonymous Coward · · Score: -1, Offtopic

    This post is for Ida! w00t!

    1. Re:werd up by Anonymous Coward · · Score: -1, Offtopic

      A w00t is not wasted on Ida. Then again I seriously doubt any1 has a clue what w00t means, since only 3-4 ppl knew back in the late 90s. Peace out.

      m0o

  2. Don't forget... by Anonymous Coward · · Score: -1, Offtopic

    to pay your $699 licensing fee, you cock sucking teabaggers!

  3. omgz teh gnoeweses by Anonymous Coward · · Score: -1, Offtopic

    omgz teh knoweses, first post hax

  4. YOU FAILED IT! :( by Anonymous Coward · · Score: -1, Offtopic

    YOU FAILED IT! :(

    1. Re:YOU FAILED IT! :( by Anonymous Coward · · Score: -1, Offtopic

      I got teh powerup!

      I won teh game!

      TEH WINNNER IS ME !!!!!!!!

    2. Re:YOU FAILED IT! :( by Anonymous Coward · · Score: -1, Offtopic

      no joo fail it.

      I win, kthx bye joo sux try again i roxor gooooaaaaaallllll!

  5. THESE ARE TEH FACTS by Anonymous Coward · · Score: -1, Offtopic

    Jesus was black.

    White people shipped black African people to the USA on boats in locks and chains and made them slaves.

    The white man owns all the businesses and continues to discriminate against blacks keeping us as slaves. Whites will never give blacks important jobs or security.

    The whites are against affirmative action cause they are scared that the black man will get his equal share.

    The black man must take power from the whites so we they can no longer throw us in prison. White cops are known for racial profiling and beatings of blacks.

    White crackers are so dumb that they can not jump or slam dunk a basketball.

    Honkeys have no rhythm and are unable to dance.

    White girls prefer black men over white men but are kept away by white condemnation.

    Whites take it out on successful people in our community and have arrested brothas & sistas including OJ Simpson, Mike Tyson, Rosa Parks, Puff Daddy, Snoop Dog, Jessie Jackson and Al Sharpton.

    Our group will fight to rid people like Mark Furman, Trent Lott, David Duke, all the NYC cops who beat up Rodney King, Abner Louima and many others.

    Our goals include:

    -Slavery reparations.

    -Affirmative action and equal housing opportunities.

    -Higher earned income & child credit for African Americans.

    -Send African Americans to school and not prison.

    -A black police force.

    -Black schools which the government should pay for.

    Interested in helping us achieve our goals?

    Want to join our group? You can e-mail our group's president Brian Keffer.

    Email:

    bkeffer@thecommandline.org

  6. THESE ARE TEH FACTS. by Anonymous Coward · · Score: -1, Offtopic

    Jesus was black.

    White people shipped black African people to the USA on boats in locks and chains and made them slaves.

    The white man owns all the businesses and continues to discriminate against blacks keeping us as slaves. Whites will never give blacks important jobs or security.

    The whites are against affirmative action cause they are scared that the black man will get his equal share.

    The black man must take power from the whites so we they can no longer throw us in prison. White cops are known for racial profiling and beatings of blacks.

    White crackers are so dumb that they can not jump or slam dunk a basketball.

    Honkeys have no rhythm and are unable to dance.

    White girls prefer black men over white men but are kept away by white condemnation.

    White men have a small penis.

    Whites take it out on successful people in our community and have arrested brothas & sistas including OJ Simpson, Mike Tyson, Rosa Parks, Puff Daddy, Snoop Dog, Jessie Jackson and Al Sharpton.

    Our group will fight to rid people like Mark Furman, Trent Lott, David Duke, all the NYC cops who beat up Rodney King, Abner Louima and many others.

    Our goals include:

    -Slavery reparations.

    -Affirmative action and equal housing opportunities.

    -Higher earned income & child credit for African Americans.

    -Send African Americans to school and not prison.

    -A black police force.

    -Black schools which the government should pay for.

    Interested in helping us achieve our goals?

    Want to join our group? You can e-mail our group's president Brian Keffer.

    Email:

    bkeffer@thecommandline.org

    1. Re:THESE ARE TEH FACTS. by mniskin · · Score: -1, Offtopic

      What were NYC cops doing in Los Angeles, my brother?

  7. NO I R TEH SERIUS U CRAXOR FAGS BETTAR PAY UP by Anonymous Coward · · Score: -1, Offtopic

    pay up ur fuxoring reperations ok u catdick honkeys.

  8. RE: fudge packers by Anonymous Coward · · Score: -1, Offtopic

    i can't afford it you fuckheads stole my job at teh burgerking!

  9. It's about time... by Anonymous Coward · · Score: -1, Offtopic

    ... that Kazaa started fighting back. I knew those tactics that the RIAA was using (clients that messed up the network, clients that introducted viruses, etc) were on the border of legality - I had almost forgotten that Kazaa (unlike gnutella) is a privately owned network... or protocol... or something. Kudos to Kazaa... now if they only got rid of their spyware...

  10. I find your embeded journalism interesting.... by Anonymous Coward · · Score: -1, Offtopic

    When you said, "Taco wants to shit in your mouth hemos."

    Were you talking about this on this site, or the literal act of coprophagia.