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[ NNSquad ] Listening to Uncertainty in the Music Business: Fat Tails and Reslience


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Date: Fri, 04 Mar 2011 08:47:38 -0500
To: pirp@seas.harvard.edu
From: "John C.B. LeGates & Tony Oettinger" <pirprvws@fas.harvard.edu>
Subject: Listening to Uncertainty in the Music Business: Fat Tails and
  Resilience

Greetings,

We would like to announce the posting on our website of a new paper.

Longstaff, P. H., and Joseph Steinhardt
<http://www.pirp.harvard.edu/publications/pdf-blurb.asp?id=626>Listening 
to Uncertainty in the Music Business: Fat Tails and Resilience
[44 pages; January 2011/Incidental Paper]

The music industry has things to teach any other industry enduring a 
time of high uncertainty. Understanding the music business is now 
important to computer and telecommunication companies in particular, 
because recorded music is increasingly a large part of their 
business. This paper builds on an earlier PIRP Research Report that 
looked at the resilience of the movie business. It describes new 
ideas about the resilience in many systems and tests these ideas by 
looking at music sales data and interviewing executives and other 
experts in the music industry.
ISBN 0-9798243-1-1 I-11-1

You can link directly to the Acrobat PDF version of this item.  It 
can be downloaded or printed at:
http://pirp.harvard.edu/pubs_pdf/longsta/longsta-i11-1.pdf

Feedback of any kind is always welcome.

John C. B. LeGates
Anthony G. Oettinger
(617)495-4114 - Phone
(617)495-3338 - FAX