Societies have laws, so why should virtual societies be any different? This article is a thought experiment in comparative law, an attempt to lay the necessary conceptual foundations for talking coherently about the internal legal systems of virtual worlds. I identify four recurring problems in...

The record-breaking prices observed in the art market over the last three years raise the question of whether we are experiencing a speculative bubble. Given the difficulty to determine the fundamental value of artworks, we apply a right-tailed unit root test with forward recursive regressions...

This paper examines data property with an eye toward offering definitions that distinguish this type of property interest from that available for conventional intellectual property. The paper also will identify the legal rights vested in data creators as well as data protection rights for...

This paper adresses the debates surrounding the impact of the Internet and cloud computing technology to the activities in music industry, especially at the stage of music distribution and dissemination. Building upon the realistic observations concerning the ‘conventional' as well as...

This Article argues that copyright law can and should apply to artistic and literary creations occurring entirely in virtual worlds. First, the Article introduces the concept of virtual worlds as places millions of people visit not only for entertainment but also for life and work. Second, the...