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Intellectual Property and Optimal Copyright Protection

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  • Koboldt, Christian

Abstract

This paper develops a simple model that allows to analyze the rationale for the protection of intellectual property and to derive the conditions that an optimal form of protection has to meet. It is shown that not only a reason for the limitation of intellectual property rights does exist, but that efficient copyright protection must also be above a minimum level of protection. Furthermore, it is argued that even optimum copyright protection will not produce a first best solution, such that there is room for a comparative institutional analysis of different institutional arrangements that address the basic problem of providing incentives for the production of information goods.

Suggested Citation

  • Koboldt, Christian, 1995. "Intellectual Property and Optimal Copyright Protection," CSLE Discussion Paper Series 95-01, Saarland University, CSLE - Center for the Study of Law and Economics.
  • Handle: RePEc:zbw:csledp:9501
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    File URL: https://www.econstor.eu/bitstream/10419/23048/1/9501int.pdf
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    References listed on IDEAS

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    1. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    2. Besen, Stanley M & Kirby, Sheila Nataraj, 1989. "Private Copying, Appropriability, and Optimal Copying Royalties," Journal of Law and Economics, University of Chicago Press, vol. 32(2), pages 255-280, October.
    3. A. E. Fernández Jilberto, 1991. "Introduction," International Journal of Political Economy, Taylor & Francis Journals, vol. 21(1), pages 3-9, March.
    4. Stanley M. Besen & Leo J. Raskind, 1991. "An Introduction to the Law and Economics of Intellectual Property," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 3-27, Winter.
    5. Landes, William M & Posner, Richard A, 1989. "An Economic Analysis of Copyright Law," The Journal of Legal Studies, University of Chicago Press, vol. 18(2), pages 325-363, June.
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    Citations

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    Cited by:

    1. Paul Belleflamme & Pierre M. Picard, 2007. "Piracy and Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(2), pages 351-383, June.
    2. P Belleflamme & P M Picard, 2003. "Competition over Piratable Goods," The School of Economics Discussion Paper Series 0332, Economics, The University of Manchester.
    3. Asongu Simplice & Antonio R. Andrés, 2012. "Fighting software piracy: which governance tools matter in Africa?," Working Papers 12/017, African Governance and Development Institute..
    4. Koboldt, Christian, 1996. "The EU-Directive on the Legal Protection of Databases and the Incentives to Update: An Economic Analysis," CSLE Discussion Paper Series 96-03, Saarland University, CSLE - Center for the Study of Law and Economics.
    5. Koboldt, Christian, 1997. "The EU-Directive on the legal protection of databases and the incentives to update: An economic analysis," International Review of Law and Economics, Elsevier, vol. 17(1), pages 127-138, March.
    6. Michael Rushton, 1997. "When in Rome ... Amending Canada's Copyright Act," Canadian Public Policy, University of Toronto Press, vol. 23(3), pages 317-330, September.
    7. Wendy J. Gordon, 2014. "The fair use doctrine: markets, market failure and rights of use," Chapters,in: Handbook on the Economics of Copyright, chapter 4, pages 77-92 Edward Elgar Publishing.
    8. Budzinski, Oliver & Monostori, Katalin & Pannicke, Julia, 2012. "Der Schutz geistiger Eigentumsrechte in der Welthandelsorganisation: Urheberrechte im TRIPS Abkommen und die digitale Herausforderung," Ilmenau Economics Discussion Papers 79, Ilmenau University of Technology, Institute of Economics.
    9. Stan J. Liebowitz & Richard Watt, 2006. "How To Best Ensure Remuneration For Creators In The Market For Music? Copyright And Its Alternatives," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 513-545, September.
    10. Antonio Andrés & Simplice Asongu, 2013. "Fighting Software Piracy: Which Governance Tools Matter in Africa?," Journal of Business Ethics, Springer, pages 667-682.
    11. Mikko Mustonen, 2005. "When Does a Firm Support Substitute Open Source Programming?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 14(1), pages 121-139, March.
    12. Insaf Bekir, 2015. "The Causal Relationship between IPR Infringement and Socio-economic Factors," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(12), pages 577-586, December.
    13. Bruno S. Frey, "undated". "Art Fakes - What Fakes? An Economic View," IEW - Working Papers 014, Institute for Empirical Research in Economics - University of Zurich.
    14. Mustonen, Mikko, 2003. "Copyleft--the economics of Linux and other open source software," Information Economics and Policy, Elsevier, vol. 15(1), pages 99-121, March.
    15. Erwin Arkenbout & Frans van Dijk & Peter van Wijck, 2004. "Copyright in the Information Society: Scenario's and Strategies," European Journal of Law and Economics, Springer, vol. 17(2), pages 237-249, March.
    16. Michael Rushton, 1999. "Methodological Individualism and Cultural Economics," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 23(3), pages 137-146, August.

    More about this item

    Keywords

    intellectual property; copyright protection; information goods;

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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