Rockonomics: The Economics of Popular Music
87 Pages Posted: 2 Jun 2005 Last revised: 1 May 2022
Date Written: April 2005
Abstract
This paper considers economic issues and trends in the rock and roll industry, broadly defined. The analysis focuses on concert revenues, the main source of performers ' income. Issues considered include: price measurement; concert price acceleration in the 1990s; the increased concentration of revenue among performers; reasons for the secondary ticket market; methods for ranking performers; copyright protection; and technological change.
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