Koleman Strumpf will be speaking at Duke on “The Economic effects of P2P file sharing.” Amazing that I have to go to Duke to hear Koleman speak. Jennifer Jenkins of the Center for the Study of the Public Domain writes:
In 2004, Professor Koleman Strumpf co-authored an empirical study concluding that downloading has no statistically significant effect on record sales, and can even boost them. The study was called everything from “heretical” to “absolutely astounding” to “incomprehensible” (by an industry spokesperson). Come hear Professor Strumpf discuss his continuing work on the economic effects of file sharing at our first Information Ecology lecture of 2006. It will take place on Monday, January 23, at 12:15pm. Details are below.
Professor Koleman Strumpf of the University of North Carolina-Chapel Hill
“The Effect of File Sharing on the Sale of Entertainment Products: The Case of Recorded Music and Movies”
Time: 12:15 p.m.
Location: Duke Law School, Room 3041
Lunch will be served
For industries ranging from software to pharmaceuticals and entertainment, there is an intense debate about the level of protection for intellectual property that is necessary to ensure innovation. In the case of digital information goods, web-based technologies provide a natural crucible to assess the implications of reduced protection because these technologies have drastically lowered the cost of copying information. This talk will discuss empirical evidence of the crowd-out effect of file sharing on entertainment products such as music and movies.
Professor Koleman Strumpf’s research interests are in applied microeconomics with an emphasis on policy applications. His current work focuses on P2P file sharing, prediction markets (such as political wagering markets or sports betting), and the economics of criminal behavior in illegal sports bookmaking. His work has been featured in The New York Times, Wall Street Journal, Washington Post, Los Angeles Times, Chicago Tribune, Financial Times, Science, Economist, Business Week, Rolling Stone, and Variety. He has appeared on ABC News, Nightline, CNN, CNBC, C-Span, NPR, and Bloomberg Radio.