Despite the rapidly growing volume and economic importance of data in the digital economy, the legal framework for data ownership, access and trade remains incompletely defined in the EU and elsewhere. De facto data ownership dominates and often leads to fragmentation or anti-commons problems in...

In this contribution an overview is given of, what might be called, the ‘matrix’ of European property law. This matrix (the “classical model” of property law) consists of two layers. The first layer encompasses the leading principles and ground rules of property law. The second layer...

We present a selective survey of the economic theory of intellectual property rights. After a brief description of the institutional framework, we discuss policy objectives and some basic welfare tradeoffs in intellectual property design. We consider the extent to which social objectives can be...

European Property Law is in development. In the last decades it has been a study of theory rather than of practice as it is usually considered too diverse and too much differing between countries to ever achieve meaningful results when trying to seek harmonisation. Recently, however, property...

Since at least Adam Smith, political economists have inquired into the nature and causes of the wealth of nations. From a public choice perspective, this economic transition from poverty to wealth can be reframed in terms of an escape from the transitional gains trap (Tullock 1975). Understood...

This paper examines fair-dealing and fair-use copyright exceptions in terms of their economic properties. A particular question in the United Kingdom is whether there would be economic advantages, in terms of promoting economic growth through the encouragement of innovative creative work, from...

This paper provides a brief review of the law and economics of Copyright Law and Copyright Exceptions, Limitations, and Immunities. Copyright law requires the creator's consent to copy, publish, convey, transfer or profit from their original work. Copyright exceptions are legal limitations on...

The concept of possession in law has been a complicated one for hundreds of years, and many civil codes are complex in their own idiosyncratic ways. (Draft) Common Framework of Reference is no exception, and it even contains arguably one of the most complicated possession stipulations ever. This...