The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the probability of wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well...

The article will outline the economics of copyright and exclusive distribution of contents in Internet, assessing economic cost and benefits deriving from the application of standard economic and legal principles to Internet distribution. After having outlined the terms of the debate on the...