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This paper presents a theory of vertically interrelated markets of identical fixed size under implementation of …
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A growing number of empirical studies measure how extended copyright terms negatively affect the number of book titles in print. Many of these same studies also demonstrate significant differences in the pricing of bound volumes, ebooks, and audio books editions of public domain and copyrighted...
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Die Arbeit behandelt die Musikverwertung mit Hilfe von Tonträgern und Netzen. Nach einem kurzen Abriß der Tonträgergeschichte wird der bestehende Rechtsrahmen im nationalen, europäischen und internationalen Kontext dargestellt. Die Anreize zur Musikproduktion und -verwertung werden...
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I show that copyright law is intimately connected to price discrimination. First, price discrimination is common in markets for copyrighted works. Second, many features of copyright law affect resale or personal arbitrage and so influence the profitability of price discrimination. For example,...
Persistent link: https://www.econbiz.de/10014128662
In practice, copyright is treated by economists and analysts as a tradeoff between monopoly and the incentive to create new works. This tradeoff is between stark opposites – power and innovation. Yet, in reality, copyrighted works face numerous close substitutes. In this paper, we formally...
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The paper discusses the reform of the legal framework in the light of the EU proposal directive on collecting societies. The focus will be specifically devoted to the Italian situation, where, like in Austria, there is a legal monopoly. The basis of this monopoly has been recently discussed and...
Persistent link: https://www.econbiz.de/10014148402