An experiment by Duncan J. Watts, a sociologist at Columbia University, showed that when consumers knew a particular song had been downloaded by a lot of other people, more consumers wanted to download that song as well. If this is true, this suggests that music itself may be:

Question

Quizplus · Accepted Answer

The fact that the demand for a particular song increases when more people have downloaded it suggests that music is a network good, meaning its value increases as more people use it. This is because the value of the music is not just in the music itself, but also in the social network surrounding it. As more people listen to a particular song, it becomes more popular and therefore more valuable to others, creating a positive feedback loop that drives demand.

An Experiment by Duncan J