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This study models and simulates fixed-length copyright (FLC) and indefinitely renewable copyright (IRC) and compares their social welfare. Evidence is found suggesting that IRC has lower maximal social welfare than FLC does. This difference can be explained by the way copyright duration is...
Persistent link: https://www.econbiz.de/10005637536
I study the desirability and incentives for countries to lead or follow in international copyright policy making by analyzing a lead-follow model of international copyright and comparing it with a competitive model. The analyses suggest that the lead-follow model is globally preferable except...
Persistent link: https://www.econbiz.de/10009200604