from the problem-with-static-worldviews dept.
pkaral writes "The two distinguished gentlemen Strumpf and Oberholzer-Gee have most likely made RIAA executives choke on their lunches. Those two economists at Harvard and UNC-Chapel Hill have done the research and the math on how much CD sales are actually hurt by P2P sharing. The answer: A whopping one CD per 5,000 files downloaded. Needless to say, RIAA are already trying to discredit the study."
Economists can certainly disappoint you. One said that the economy would
turn up by the last quarter. Well, I'm down to mine and it hasn't.
-- Robert Orben