No / This paper adds to the limited economic literature on collecting behaviour by studying the price
of musical works in the minidisc format. Over 1,000 MiniDisc prices are analysed using various
estimating equations. The use of MiniDiscs allows the estimate of 'pure' collecting effects as
there is no gain, in terms of listening content, from the purchase over other formats. What we
observe in pricing can therefore be seen as premium for the fan of collecting a scarce item of
product. Solo artists who had a tragic death commanded an estimated premium of around 86%
using the power function with Greatest Hits having a premium of around 45% price. Both these
were statistically significant at high levels.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/9075 |
| Date | 09 1900 |
| Creators | Cameron, Samuel, Reynolds, Michael |
| Source Sets | Bradford Scholars |
| Detected Language | English |
| Type | Article, No full-text in the repository |
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