Peer-to-Peer (P2P) networks allow individuals to share digital content files in real time. They facilitate communication and promote community without hierarchy or strict control. This book applies economic principles to analyze and understand the P2P phenomenon. It also provides numerous contemporary examples from the US and around the world to shed light on the implications of P2P as a mass medium, considering such issues as pricing, licensing, security, and regulation.In week 2, the expected number of albums that would remain on the chart is 100p1. The expected number of albums that drop out of the chart after the first week is 100(1-p1) which is also the same number of albums expected to enter theanbsp;...
|Author||:||Eli M. Noam, Lorenzo Pupillo|
|Publisher||:||Springer Science & Business Media - 2008-09-05|