Yoon, Kiho - In: Information Economics and Policy 20 (2008) 1, pp. 67-74
We provide a correct analysis of Miceli and Adelstein [Miceli, T., Adelstein, R., 2006. An economic model of fair use. Information Economics and Policy 18, 359-373.], which studies the doctrine of fair use in copyright. We show that the optimal fair use standard is high enough to allow extensive...