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Economic Effects of the New German Copyright Contract Law

Author

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  • Christian Jansen

    (Humboldt-University of Berlin)

Abstract

This paper investigates some economic effects of recent amendments to the German Copyright Law on the German film industry. The changes assume the existence of a prevailing “structural superiority” of media companies over their contractual partners in labor markets which supposedly results in “unfair” contracts. We provide an economic approach to the matter. First, we consider potential effects and the plausibility of a “structural superiority” in terms of buyer power in the German film industry. Second, we consider how the new law affects risk allocation, incentives, transaction costs, and legal certainty in the business.

Suggested Citation

  • Christian Jansen, 2003. "Economic Effects of the New German Copyright Contract Law," Law and Economics 0302003, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwple:0302003
    Note: Type of Document - pdf; prepared on PC; pages: 38
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/le/papers/0302/0302003.pdf
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    References listed on IDEAS

    as
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    8. Clark, Andrew, 1990. "Efficient Bargains and the McDonald-Solow Conjecture," Journal of Labor Economics, University of Chicago Press, vol. 8(4), pages 502-528, October.
    9. Brown, James N & Ashenfelter, Orley, 1986. "Testing the Efficiency of Employment Contracts," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 40-87, June.
    10. De Vany, A. & Walls, W.D., 1999. ""Uncertainty in the Movies: Does Star Power Reduce the Terror of the Box Office?"," Papers 98-99-10, California Irvine - School of Social Sciences.
    11. Coase, Ronald H, 1972. "Durability and Monopoly," Journal of Law and Economics, University of Chicago Press, vol. 15(1), pages 143-149, April.
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    More about this item

    Keywords

    German film industry; copyright law; law and economics;

    JEL classification:

    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law

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