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SXSW 2020

Economics of Music Consumer Pricing

Explore with music royalty auditor and economist Cedar Boschan the microeconomic forces beyond supply and demand that rule consumer prices in music, such as:

- The Prisoners' Dilemma & The Nash Equilibrium
- Elasticity
- Profit Maximization
- Cournot competition

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Takeaways

  1. Why are music streaming service prices so similar and stable?
  2. Under what circumstances could a service charge greater fees to consumers?
  3. What would happen if a music service reduced its prices?

Speakers

Organizer

Cedar Boschan, Ceo/Founder & Faculty, Boschan Corp

Meta Information:

  • Event: SXSW
  • Format: Presentation
  • Track: Creating & Monetizing Music
  • Level: Advanced
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