Semiotica, diritto e mercato. Economia del marchio nel terzo millenio
AbstractThis article is aimed at providing an answer from the economics perspective to the puzzling Shakespearean question "What's in a name ?", specifically paying attention to the case of trademark, a commercial device used since antiquity and continuously expanding its boundaries. Its advent is connected with the problem of information asymmetries and the need to provide information for assisting exchanges so as to avert the market failure brought about by adverse selection. However, this information-conveying function has soon been accompanied by a differentiation effect, arising from the peculiar power that signs can exert on individuals' preferences. The pragmatic exploitation of differentiation has today given rise to the practice of branding, which ties markets and consumption to the realms of meaning and experience. Further, branding is so all-pervasive in today's economy as to have somehow transfigured the relationships between signs and goods, to the point that trademark has become a sort of property right over semantic products. On the whole this is opening the door to what could be termed the new economy of signs and meanings that should be still investigated.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Institute of Public Policy and Public Choice - POLIS in its series POLIS Working Papers with number 102.
Length: 20 pages
Date of creation: Mar 2008
Date of revision:
Contact details of provider:
Web page: http://polis.unipmn.it
Other versions of this item:
- Giovanni B. Ramello, 2008. "Semiotica, diritti e mercato. Economia del marchio nel terzo millennio," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2008(1), pages 107-125.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
- M30 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-04-15 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Choi, Jay Pil, 1998.
"Brand Extension as Informational Leverage,"
Review of Economic Studies,
Wiley Blackwell, vol. 65(4), pages 655-69, October.
- Ramello, Giovanni B. & Silva, Francesco, 2006.
"Appropriating signs and meaning: The elusive economics of trademark,"
POLIS Working Papers
70, Institute of Public Policy and Public Choice - POLIS.
- Giovanni B. Ramello & Francesco Silva, 2006. "Appropriating signs and meaning: the elusive economics of trademark," Industrial and Corporate Change, Oxford University Press, vol. 15(6), pages 937-963, December.
- Klemperer, Paul, 1995. "Competition When Consumers Have Switching Costs: An Overview with Applications to Industrial Organization, Macroeconomics, and International Trade," Review of Economic Studies, Wiley Blackwell, vol. 62(4), pages 515-39, October.
- Michael D. Whinston, 1989.
"Tying, Foreclosure, and Exclusion,"
NBER Working Papers
2995, National Bureau of Economic Research, Inc.
- Lynne M. Pepall, 2002.
"The Simple Economics of Brand Stretching,"
The Journal of Business,
University of Chicago Press, vol. 75(3), pages 535-552, July.
- Lynne Pepall & Dan Richards, 1999. "The Simple Economics of "Brand-Stretching"," Discussion Papers Series, Department of Economics, Tufts University 9905, Department of Economics, Tufts University.
- De Alessi, Louis & Staaf, Robert J, 1994. "What Does Reputation Really Assure? The Relationship of Trademarks to Expectations and Legal Remedies," Economic Inquiry, Western Economic Association International, vol. 32(3), pages 477-85, July.
- Gregg A. Jarrell & Sam Peltzman, 1984.
"The Impact of Product Recalls on the Wealth of Sellers,"
University of Chicago - George G. Stigler Center for Study of Economy and State
33, Chicago - Center for Study of Economy and State.
- Jarrell, Gregg & Peltzman, Sam, 1985. "The Impact of Product Recalls on the Wealth of Sellers," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 512-36, June.
- Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August.
- Ramello, Giovanni, 2006.
"What's in a sign? Trademark law and enconomic theory,"
POLIS Working Papers
67, Institute of Public Policy and Public Choice - POLIS.
- Giovanni B. Ramello, 2006. "What'S In A Sign ? Trademark Law And Economic Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 547-565, 09.
- Eugenia Baroncelli & Carsten Fink & Beata Smarzynska Javorcik, 2005.
"The Global Distribution of Trademarks: Some Stylised Facts,"
The World Economy,
Wiley Blackwell, vol. 28(6), pages 765-782, 06.
- Baroncelli, Eugenia & Kink, Carsten & Smarzynska Javorcik, Beata, 2004. "The global distribution of trademarks - some stylized facts," Policy Research Working Paper Series 3270, The World Bank.
- F. M. Scherer, 2004. "A Note on Global Welfare in Pharmaceutical Patenting," The World Economy, Wiley Blackwell, vol. 27(7), pages 1127-1142, 07.
- Cabral, L.M.B., 2000.
"Stretching Firm and Brand Reputation,"
New York University, Leonard N. Stern School Finance Department Working Paper Seires
00-07, New York University, Leonard N. Stern School of Business-.
- Piero Cavaleri & Michael Keren & Giovanni B. Ramello & Vittorio Valli, 2009.
"Publishing an E-Journal on a Shoe String: Is It a Sustainable Project?,"
Economic Analysis and Policy (EAP),
Queensland University of Technology (QUT), School of Economics and Finance, vol. 39(1), pages 89-101, March.
- Cavaleri, Pietro & Keren, Michael & Ramello, Giovanni B. & Valli, Vittorio, 2009. "Publishing an E-journal on a shoe string: Is it a sustainaible project?," POLIS Working Papers 118, Institute of Public Policy and Public Choice - POLIS.
- Marchese, Carla, 2008. "The limits to growth then and now," POLIS Working Papers 105, Institute of Public Policy and Public Choice - POLIS.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucia Padovani).
If references are entirely missing, you can add them using this form.