The Effect of Graduated Response Anti-Piracy Laws on Music Sales: Evidence from an Event Study in France
Despite the problem that filesharing poses to creative industries, there is little…
The existing high-cost fund suffers from two inherent flaws: it does not incorporate how much consumers value the services being subsidized, and does not measure the incremental, rather than average, effects of the program. This paper proposes a way to incorporate those factors into the Connect America Fund�the proposed high-cost broadband support program�to enable it to operate more efficiently than the existing high-cost program ever could.