Skip navigation
Skip navigation

On the "uniform pricing puzzle" in recorded music

Richardson, Martin; Stähler, Frank


This paper proposes a possible explanation for uniform pricing in the recorded music industry, based on a pooling equilibrium across different quality types. We show that an ex ante ability to invest in the probability of success – which we identify with record companies’ artists and repertoire (A&R) expenditures – makes such a pooling equilibrium more likely.

CollectionsANU Research Publications
Date published: 2016
Type: Journal article
Source: Information Economics and Policy
DOI: 10.1016/j.infoecopol.2015.12.001
Access Rights: Open Access
Open Access


File Description SizeFormat Image
01_Richardson_on_the_Uniform Pricing Puzzle_2016.pdf279.92 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator