[MCN-L] IP SIG: Economist calculates optimum term of copyright: 14years (from BoingBoing)

2007-07-15 Thread Amalyah Keshet
Economist calculates optimum term of copyright: 14 years 

Rufus Pollock, a PhD candidate in economics at Cambridge University, has just 
released Forever Minus a Day? Some Theory and Empirics of Optimal Copyright, 
a brilliant new paper on the economically optimal term of copyright. He's 
presenting it in Berlin this week, but it's already online. Here's the 
abstract: 

 

The optimal level for copyright has been a matter for extensive debate over the 
last decade. This paper contributes several new results on this issue divided 
into two parts. In the first, a parsimonious theoretical model is used to prove 
several novel propositions about the optimal level of protection. Specifically, 
we demonstrate that (a) optimal copyright falls as the costs of production go 
down (for example as a result of digitization) and that (b) the optimal level 
of copyright will, in general, fall over time. The second part of the paper 
focuses on the specific case of copyright term. Using a simple model we 
characterise optimal term as a function of a few key parameters. We estimate 
this function using a combination of new and existing data on recordings and 
books and find an optimal term of around fourteen years. This is substantially 
shorter than any current copyright term and implies that existing copyright 
terms are too long. 

posted by Cory Doctorow on July 12, 2007, 07:22 AM 


http://www.boingboing.net/2007/07/12/economist_calculates.html



And a link to the full paper:

http://www.rufuspollock.org/archives/198 











Amalyah Keshet
Head of Image Resources  Copyright Management
The Israel Museum, Jerusalem  akeshet at imj.org.il
Chair, MCN IP SIG   www.mcn.edu
Blog  www.musematic.net 




[MCN-L] IP SIG: Economist calculates optimum term of copyright:14years (from BoingBoing)

2007-07-15 Thread Holly Witchey
Amalyah!  I love seeing your name in my in-box--I know it's always
bringing something thoughtful like this paper.  Thanks.

Holly Witchey
Director, New Media Initiatives
The Cleveland Museum of Art
11150 East Blvd.
Cleveland, Ohio 44106
Phone: 216-707-2653
Fax: 216-721-4176
Email: hwitchey at clevelandart.org
www.clevelandart.org
www.museumattic.org
(blog) www.musematic.net
 
 

-Original Message-
From: mcn-l-bounces at mcn.edu [mailto:mcn-l-boun...@mcn.edu] On Behalf Of
Amalyah Keshet
Sent: Sunday, July 15, 2007 9:22 AM
To: mcn-l at mcn.edu
Subject: [MCN-L] IP SIG: Economist calculates optimum term of
copyright:14years (from BoingBoing)

Economist calculates optimum term of copyright: 14 years 

Rufus Pollock, a PhD candidate in economics at Cambridge University, has
just released Forever Minus a Day? Some Theory and Empirics of Optimal
Copyright, a brilliant new paper on the economically optimal term of
copyright. He's presenting it in Berlin this week, but it's already
online. Here's the abstract: 

 

The optimal level for copyright has been a matter for extensive debate
over the last decade. This paper contributes several new results on this
issue divided into two parts. In the first, a parsimonious theoretical
model is used to prove several novel propositions about the optimal
level of protection. Specifically, we demonstrate that (a) optimal
copyright falls as the costs of production go down (for example as a
result of digitization) and that (b) the optimal level of copyright
will, in general, fall over time. The second part of the paper focuses
on the specific case of copyright term. Using a simple model we
characterise optimal term as a function of a few key parameters. We
estimate this function using a combination of new and existing data on
recordings and books and find an optimal term of around fourteen years.
This is substantially shorter than any current copyright term and
implies that existing copyright terms are too long. 

posted by Cory Doctorow on July 12, 2007, 07:22 AM 


http://www.boingboing.net/2007/07/12/economist_calculates.html



And a link to the full paper:

http://www.rufuspollock.org/archives/198 












Amalyah Keshet
Head of Image Resources  Copyright Management
The Israel Museum, Jerusalem  akeshet at imj.org.il
Chair, MCN IP SIG   www.mcn.edu
Blog  www.musematic.net 

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