# Economists and Music Industry Professionals Unite A new research platform explores the economics of the music industry. - **Source:** [Freakonomics](https://freakonomics.com) - **Published:** 2017-06-26 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/fbf7788c-e418-4cf5-b771-1628ed6f50b2 ## A New Research Platform Led by Princeton economist Alan Krueger, the Music Industry Research Association (MIRA) has been established to study the economic dynamics of the music industry. This initiative aims to bridge economics and the music sector, shedding light on its future. ## Academic Legacy Economic theories like Alfred Marshall's 'superstar model' and Baumol's Disease emerged from studies of the music industry. MIRA continues this tradition by focusing on understanding the economic dimensions of music. ## Participants Prominent economists like Alan Krueger, Joel Waldfogel, and Julie Mortimer, alongside music industry professionals and musicians, will gather at MIRA's first conference. The event will foster interdisciplinary dialogue. ## Conference Details MIRA's inaugural conference will take place on August 10-11, 2017, at UCLA's Luskin Conference Center. The event will serve as a platform for sharing research on trends and challenges in the music industry. ## Goals and Objectives MIRA aims to facilitate data sharing to analyze the economic challenges and opportunities in the music industry. It plans to use the fun and accessible aspects of the sector to engage students in economics. ## Importance for the Industry The music industry is undergoing significant transformation due to digital shifts and changing revenue models. Initiatives like MIRA can provide crucial data and analysis to shape its future. ## Sources covering this story - https://freakonomics.com/2017/06/mira-conference/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._