Empirical evidence suggests that producers of information products (TV programs, movies, computer software) may respond to cost-reducing, as well as quality-enhancing technological change by increasing their total production investments in the “first copy” of each product, possibly at the...

There appear to be wide variations in levels of enforcement against piracy and illegal copying in the AV entertainment industries. In particular, copyright holders such as the Motion Picture Association of America appear to be very aggressive, while firms at the retail level, especially cable...

This review essay introduces the 15 selected papers from the 25th Annual TPRC. We mention major telecom policy highlights of 1997, then offer a light interpretative essay with summaries of the papers. We organize the discussion intofive general sections: Historical, Telephony, The Internet, The...

Anecdotal evidence suggests that producers of information products (TV programs, movies, computer software) may respond to potentially cost saving technological change by increasing, rather than reducing, their total production investments in the quot;first copyquot; of each product, possibly at...