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Handbook on the Economics of Copyright

A Guide for Students and Teachers Edited by Richard Watt, Associate Professor of Economics and Finance, University of Canterbury, New Zealand
Featuring expert contributors from around the world, this book offers insight into the vital theoretical and practical aspects of the economics of copyright. Topics discussed include fair use, performers’ rights, copyright and trade, online music streaming, internet piracy, copyright and visual art markets, and open source publishing. In addition to in-depth coverage of these timely topics, the authors also offer insightful predictions and policy recommendations for the future.
Extent: 360 pp
Hardback Price: $205.00 Web: $184.50
Publication Date: 2014
ISBN: 978 1 84980 852 1
Availability: In Stock
Paperback Price: $55.00 Web: $44.00
Publication Date: 2016
ISBN: 978 1 78347 826 2
Availability: In Stock
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  • Economics and Finance
  • Intellectual Property
  • Law - Academic
  • Intellectual Property Law
Featuring expert contributors from around the world, this book offers insight into the vital theoretical and practical aspects of the economics of copyright. Topics discussed include fair use, performers’ rights, copyright and trade, online music streaming, internet piracy, copyright and visual art markets, and open source publishing. In addition to in-depth coverage of these timely topics, the authors also offer insightful predictions and policy recommendations for the future.

Each of the self-contained chapters is written by a distinguished expert and is pitched at a level designed to be accessible to advanced undergraduate and postgraduate students in economics and law. As a whole, the book covers all of the topical content that a student of copyright economics should know. Teachers and lecturers will find all the required material to provide a comprehensive overview of the subject in a single volume. For scholars with a legal background, the book will also act as an effective introduction or refresher in the economic theory underlying copyright.
‘This book presents students and teachers with some extremely interesting analyses of copyright and economic theory from a variety of expert viewpoints and traces the linkages by which each supports the other.’
– Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine
Contributors: D.S. Banerjee, W.J. Gordon, P.J.Heald, S.J. Liebowitz, S.E. Margolis, F. Mueller-Langer, E. Rosati, S.F. Schwemer, R. Towse, M. Waldman, R. Watt
Contents:

Introduction

PART I THE ECONOMIC THEORY OF COPYRIGHT
1. The Basic Economic Theory of Copyright
Richard Watt

2. What Limits Indirect Appropriability
Michael Waldman

PART II THE LEGAL STRUCTURE OF COPYRIGHT AND THE PUBLIC DOMAIN
3. The Idea/Expression Dichotomy: Friend or Foe?
Eleonora Rosati

4. The Fair Use Doctrine: Markets, Market Failure and Rights of Use
Wendy Gordon

5. The Public Domain
Paul J. Heald

PART III LICENSING AND AUTHORS´ EARNINGS
6. Licensing of Copyright Works in a Bargaining Model
Richard Watt

7. Fair Remuneration for Copyright Holders and the Shapley Value
Richard Watt

8. Economics of Performers´ Rights
Ruth Towse

9. The Licensing of Online Music Streaming Services in Europe
Sebastian F. Schwemer

PART IV COPYRIGHT COLLECTIVES
10. Copyright Collectives: Some Basic Economic Theory
Richard Watt

11. Collective Administration
Christian Handke

PART V COPYING AND COPYRIGHT PIRACY
12. Copying and the Pricing of Information Goods
Richard Watt

13. Impacts of Internet Piracy
Stan J. Liebowitz

14. Law and Economics of Copyright Remedies
Stephen E. Margolis

15. Effectiveness of Government Anti-Piracy Enforcement Policy: Commitment versus Non-Commitment
Dyuti S. Banerjee

PART VI OTHER ISSUES IN THE ECONOMICS OF COPYRIGHT LAW
16. Copyright and Parallel Trade
Frank Mueller-Langer

17. Open Source and Open Access: New Paradigms in the Theory of Copyright
Richard Watt

18. Copyright in Visual Art Markets: Some Economic Theory Concerning Resale Royalties and Other Options
Richard Watt

Index