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The Structure of Non-price Demand Factors for Musical Works of Different Periods

Student: Diana Kusherbaeva

Supervisor: Vladimir Karacharovskiy

Faculty: Faculty of Economic Sciences

Educational Programme: Economics (Bachelor)

Final Grade: 8

Year of Graduation: 2024

This work is a study of the structure of non-price factors in the demand of modern listeners for musical products created in different decades. The number of listener reviews of the album was taken as a proxy variable of demand. Also, the author managed to additionally identify and evaluate the structure of the factors of demand of modern listeners for physical editions of albums. To do this, data was used on Discogs users who have already purchased or want to purchase a physical copy of the album. Three models were built, each of which was evaluated on a total sample of albums from the early 1960s to the end of the 2010s, as well as on three subsamples.

Full text (added May 10, 2024)

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