IDEAS home Printed from https://ideas.repec.org/a/mhr/jinste/urndoi10.1628-jite-2019-0029.html
   My bibliography  Save this article

More Rights, Less Income?: An Economic Analysis of the New Copyright Law in Germany

Author

Listed:
  • Michael Karas
  • Roland Kirstein

Abstract

We investigate the conflict between authors and their publishers that may result from a copyright system that allows authors to transfer copyrights to an additional publisher. A two-period bargaining model analyzes effects of competition, time preferences, and bargaining power on license prices, publisher investments, and authors' lifetime incomes. We demonstrate that authors benefit from the new copyright system if new publishers continue the distribution of their orphaned works. Authors do not necessarily benefit if exclusive publishers are still exploiting licenses, because high levels of competition result in underinvestment by publishers and in internalization effects during contract negotiations.

Suggested Citation

  • Michael Karas & Roland Kirstein, 2019. "More Rights, Less Income?: An Economic Analysis of the New Copyright Law in Germany," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 175(3), pages 420-458.
  • Handle: RePEc:mhr:jinste:urn:doi:10.1628/jite-2019-0029
    DOI: 10.1628/jite-2019-0029
    as

    Download full text from publisher

    File URL: https://www.mohrsiebeck.com/en/article/more-rights-less-income-an-economic-analysis-of-the-new-copyright-law-in-germany-101628jite-2019-0029
    Download Restriction: Fulltext access is included for subscribers to the printed version.

    File URL: https://libkey.io/10.1628/jite-2019-0029?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    institutional regulation; copyright law; bargaining; creative industries; author-publisher relationship;
    All these keywords.

    JEL classification:

    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mhr:jinste:urn:doi:10.1628/jite-2019-0029. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://www.mohrsiebeck.com/jite .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Thomas Wolpert (email available below). General contact details of provider: https://www.mohrsiebeck.com/jite .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.