Peer-to-Peer (P2P) networks allow individuals to share digital
content files in real time. They facilitate communication and
promote community without hierarchy or strict control. This book
applies economic principles to analyze and understand the P2P
phenomenon. It also provides numerous contemporary examples from
the US and around the world to shed light on the implications of
P2P as a mass medium, considering such issues as pricing,
licensing, security, and regulation.
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