Storming the gatekeepers: Digital disintermediation in the market for books

Aguiar, Luis, Waldfogel, Joel. Quality Predictability and the Welfare Benefit from New Products: Evidence from the Digitization of Recorded Music. Unpublished paper, University of Minnesota. Bogart, Dave, 2012. Library and Book Trade Almanac 2012 (Bowker Annual Library and Book Trade Almanac). Information Today Inc. Bowker. 2012. Self Publishing in the United States, 2006–2011. Caves, 2000 Greco, 2005 Hu, Yu Jeffrey, Smith, Michael D., 2013. The Impact of Ebook Distribution on Print Sales: Analysis of a Natural Experiment (April 30, 2013). Available at SSRN: http://ssrn.com/abstract=1966115 or <http://dx.doi.org/10.2139/ssrn.1966115>. Liebowitz, 2006, File sharing: creative destruction or just plain destruction?, J. Law Econ., 49, 1, 10.1086/503518 Oberholzer-Gee, 2007, The effect of file sharing on record sales: an empirical analysis, J. Polit. Econ., 115, 1, 10.1086/511995 Ordanini, 2006, Selection models in the music industry: how a prior independent experience may affect chart success, J. Cult. Econ., 30, 183, 10.1007/s10824-006-9013-8 Pogue, David. An E-Book Reader That Just May Catch On. New York Times November 22, 2007. Rainie, 2012 Rainie, 2012 Reimers, Imke “Copyright and Generic Entry in Book Publishing”, Unpublished Paper, 2015. Rob, 2006, Piracy on the high C’s: music downloading, sales displacement, and social welfare in a sample of college students, J. Law Econ., 49, 29, 10.1086/430809 Sorensen, 2007, Bestseller lists and product variety, J. Ind. Econ., 55, 715, 10.1111/j.1467-6451.2007.00327.x Tervio, 2009, Superstars and mediocrities: market failure in the discovery of talent, Rev. Econ. Stud., 72, 829, 10.1111/j.1467-937X.2008.00522.x Waldfogel, 2012, Copyright protection, evidence from recorded music since napster, J. Law Econ., 55, 715, 10.1086/665824 Waldfogel, Joel, 2015. Digitization and the Quality of New Media Products: The Case of Music”. Forthcoming. The Economics of Digitization: An Agenda. Shane Greenstein, Avi Goldfarb, and Catherine Tucker, eds. Zentner, 2006, Measuring the effect of file sharing on music purchases, J. Law Econ., 49, 63, 10.1086/501082