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Featuring expert contributors from around the world, this book offers insight into the vital theoretical and practical aspects of the economics of copyright. Topics discussed include fair use, performers' rights, copyright and trade, online music streaming, internet piracy, copyright and visual art markets, and open source publishing. In addition to in-depth coverage of these timely topics, the authors also offer insightful predictions and policy recommendations for the future.
Each of the self-contained chapters is written by a distinguished expert and is pitched at a level designed to be accessible to advanced undergraduate and postgraduate students in economics and law. As a whole, the book covers all of the topical content that a student of copyright economics should know. Teachers and lecturers will find all the required material to provide a comprehensive overview of the subject in a single volume. For scholars with a legal background, the book will also act as an effective introduction or refresher in the economic theory underlying copyright.
Contributors: D.S. Banerjee, W.J. Gordon, P.J.Heald, S.J. Liebowitz, S.E. Margolis, F. Mueller-Langer, E. Rosati, S.F. Schwemer, R. Towse, M. Waldman, R. Watt
Show moreFeaturing expert contributors from around the world, this book offers insight into the vital theoretical and practical aspects of the economics of copyright. Topics discussed include fair use, performers' rights, copyright and trade, online music streaming, internet piracy, copyright and visual art markets, and open source publishing. In addition to in-depth coverage of these timely topics, the authors also offer insightful predictions and policy recommendations for the future.
Each of the self-contained chapters is written by a distinguished expert and is pitched at a level designed to be accessible to advanced undergraduate and postgraduate students in economics and law. As a whole, the book covers all of the topical content that a student of copyright economics should know. Teachers and lecturers will find all the required material to provide a comprehensive overview of the subject in a single volume. For scholars with a legal background, the book will also act as an effective introduction or refresher in the economic theory underlying copyright.
Contributors: D.S. Banerjee, W.J. Gordon, P.J.Heald, S.J. Liebowitz, S.E. Margolis, F. Mueller-Langer, E. Rosati, S.F. Schwemer, R. Towse, M. Waldman, R. Watt
Show moreContents:
Introduction
PART I THE ECONOMIC THEORY OF COPYRIGHT
1. The Basic Economic Theory of Copyright
Richard Watt
2. What Limits Indirect Appropriability
Michael Waldman
PART II THE LEGAL STRUCTURE OF COPYRIGHT AND THE PUBLIC DOMAIN
3. The Idea/Expression Dichotomy: Friend or Foe?
Eleonora Rosati
4. The Fair Use Doctrine: Markets, Market Failure and Rights of
Use
Wendy Gordon
5. The Public Domain
Paul J. Heald
PART III LICENSING AND AUTHORS´ EARNINGS
6. Licensing of Copyright Works in a Bargaining Model
Richard Watt
7. Fair Remuneration for Copyright Holders and the Shapley
Value
Richard Watt
8. Economics of Performers´ Rights
Ruth Towse
9. The Licensing of Online Music Streaming Services in Europe
Sebastian F. Schwemer
PART IV COPYRIGHT COLLECTIVES
10. Copyright Collectives: Some Basic Economic Theory
Richard Watt
11. Collective Administration
Christian Handke
PART V COPYING AND COPYRIGHT PIRACY
12. Copying and the Pricing of Information Goods
Richard Watt
13. Impacts of Internet Piracy
Stan J. Liebowitz
14. Law and Economics of Copyright Remedies
Stephen E. Margolis
15. Effectiveness of Government Anti-Piracy Enforcement Policy:
Commitment versus Non-Commitment
Dyuti S. Banerjee
PART VI OTHER ISSUES IN THE ECONOMICS OF COPYRIGHT LAW
16. Copyright and Parallel Trade
Frank Mueller-Langer
17. Open Source and Open Access: New Paradigms in the Theory of
Copyright
Richard Watt
18. Copyright in Visual Art Markets: Some Economic Theory
Concerning Resale Royalties and Other Options
Richard Watt
Index
Edited by Richard Watt, Associate Professor of Economics and Finance, University of Canterbury, New Zealand
‘This book presents students and teachers with some extremely
interesting analyses of copyright and economic theory from a
variety of expert viewpoints and traces the linkages by which each
supports the other.’
*Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine*
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