Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK and Richard Watt, Associate Professor of Economics and Finance, University of Canterbury, New Zealand

• Contents:AcknowledgementsGeneral IntroductionRuth Towse and Richard WattPART IECONOMIC ASPECTS OF THE COPYRIGHT TERMIntroduction to Part IRuth Towse and Richard Watt1. George A. Akerlof, Kenneth J. Arrow, Timothy F. Bresnahan, James M. Buchanan, Ronald H. Coase, Linda R. Cohen, Milton Friedman, Jerry R. Green, Robert W. Hahn, Thomas W. Hazlett, C. Scott Hemphill, Robert E. Litan, Roger G. Noll, Richard Schmalensee, Steven Shavell, Hal R. Varian, and Richard J. Zeckhauser (2002), ‘Brief as Amici Curiae in Support of Petitioners’2. Stan J. Liebowitz and Stephen Margolis (2005), ‘Seventeen Famous Economists Weigh in on Copyright: The Role of Theory, Empirics and Network Effects’3. William M. Landes and Richard A. Posner (2003), ‘Indefinitely Renewable Copyright’PART IIECONOMICS OF COPYING AND COPYRIGHT INFRINGEMENT Introduction to Part IIRuth Towse and Richard Watt4. Justin P. Johnson and Michael Waldman (2005), ‘The Limits of Indirect Appropriability in Markets for Copiable Goods’5. Martin Peitz and Patrick Waelbroeck (2006), ‘Piracy of Digital Products: A Critical Review of the Theoretical Literature’6. Ivan P.L. Png (2006), ‘Copyright: A Plea for Empirical Research’7. Michele Boldrin and David Levine (2002), ‘The Case Against Intellectual Property’PART IIIISSUES IN COPYRIGHT ADMINISTRATION Introduction to Part IIIRuth Towse and Richard Watt8. William J. Baumol (2004), ‘The Socially Desirable Size of Copyright Fees’9. Arthur Snow and Richard Watt (2005), ‘Risk Sharing and the Distribution of Copyright Collective Income’10. Fabrice Rochelandet (2003), ‘Are Copyright Collecting Societies Efficient Organisations? An Evaluation of Collective Administration of Copyright in Europe’PART IVCOPYRIGHT AND INCENTIVES TO ARTISTS Introduction to Part IVRuth Towse and Richard Watt11. Amit Gayer and Oz Shy (2006), ‘Publishers, Artists and Copyright Enforcement’12. Ruth Towse (2006) ‘Copyright and Artists: A View From Cultural Economics’PART VCOPYRIGHT AND OPEN SOURCE Introduction to Part VRuth Towse and Richard Watt13. Josh Lerner and Jean Tirole (2005), ‘The Economics of Technology Sharing: Open Source and Beyond’14. Justin Pappas Johnson (2002), ‘Open Source Software: Private Provision of a Public Good’Name Index

‘. . . a refreshingly up-to-date collection of materials, focusing on the economics of even such recent phenomena as open source, as well as on some of the more well-trodden paths such as copyright term and infringement.’

Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK and Richard Watt, Associate Professor of Economics and Finance, University of Canterbury, New Zealand

• Contents:AcknowledgementsGeneral IntroductionRuth Towse and Richard WattPART IECONOMIC ASPECTS OF THE COPYRIGHT TERMIntroduction to Part IRuth Towse and Richard Watt1. George A. Akerlof, Kenneth J. Arrow, Timothy F. Bresnahan, James M. Buchanan, Ronald H. Coase, Linda R. Cohen, Milton Friedman, Jerry R. Green, Robert W. Hahn, Thomas W. Hazlett, C. Scott Hemphill, Robert E. Litan, Roger G. Noll, Richard Schmalensee, Steven Shavell, Hal R. Varian, and Richard J. Zeckhauser (2002), ‘Brief as Amici Curiae in Support of Petitioners’2. Stan J. Liebowitz and Stephen Margolis (2005), ‘Seventeen Famous Economists Weigh in on Copyright: The Role of Theory, Empirics and Network Effects’3. William M. Landes and Richard A. Posner (2003), ‘Indefinitely Renewable Copyright’PART IIECONOMICS OF COPYING AND COPYRIGHT INFRINGEMENT Introduction to Part IIRuth Towse and Richard Watt4. Justin P. Johnson and Michael Waldman (2005), ‘The Limits of Indirect Appropriability in Markets for Copiable Goods’5. Martin Peitz and Patrick Waelbroeck (2006), ‘Piracy of Digital Products: A Critical Review of the Theoretical Literature’6. Ivan P.L. Png (2006), ‘Copyright: A Plea for Empirical Research’7. Michele Boldrin and David Levine (2002), ‘The Case Against Intellectual Property’PART IIIISSUES IN COPYRIGHT ADMINISTRATION Introduction to Part IIIRuth Towse and Richard Watt8. William J. Baumol (2004), ‘The Socially Desirable Size of Copyright Fees’9. Arthur Snow and Richard Watt (2005), ‘Risk Sharing and the Distribution of Copyright Collective Income’10. Fabrice Rochelandet (2003), ‘Are Copyright Collecting Societies Efficient Organisations? An Evaluation of Collective Administration of Copyright in Europe’PART IVCOPYRIGHT AND INCENTIVES TO ARTISTS Introduction to Part IVRuth Towse and Richard Watt11. Amit Gayer and Oz Shy (2006), ‘Publishers, Artists and Copyright Enforcement’12. Ruth Towse (2006) ‘Copyright and Artists: A View From Cultural Economics’PART VCOPYRIGHT AND OPEN SOURCE Introduction to Part VRuth Towse and Richard Watt13. Josh Lerner and Jean Tirole (2005), ‘The Economics of Technology Sharing: Open Source and Beyond’14. Justin Pappas Johnson (2002), ‘Open Source Software: Private Provision of a Public Good’Name Index

‘. . . a refreshingly up-to-date collection of materials, focusing on the economics of even such recent phenomena as open source, as well as on some of the more well-trodden paths such as copyright term and infringement.’

Edited by Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK and Richard Watt, Associate Professor of Economics and Finance, University of Canterbury, New Zealand

• Contents:AcknowledgementsGeneral IntroductionRuth Towse and Richard WattPART IECONOMIC ASPECTS OF THE COPYRIGHT TERMIntroduction to Part IRuth Towse and Richard Watt1. George A. Akerlof, Kenneth J. Arrow, Timothy F. Bresnahan, James M. Buchanan, Ronald H. Coase, Linda R. Cohen, Milton Friedman, Jerry R. Green, Robert W. Hahn, Thomas W. Hazlett, C. Scott Hemphill, Robert E. Litan, Roger G. Noll, Richard Schmalensee, Steven Shavell, Hal R. Varian, and Richard J. Zeckhauser (2002), ‘Brief as Amici Curiae in Support of Petitioners’2. Stan J. Liebowitz and Stephen Margolis (2005), ‘Seventeen Famous Economists Weigh in on Copyright: The Role of Theory, Empirics and Network Effects’3. William M. Landes and Richard A. Posner (2003), ‘Indefinitely Renewable Copyright’PART IIECONOMICS OF COPYING AND COPYRIGHT INFRINGEMENT Introduction to Part IIRuth Towse and Richard Watt4. Justin P. Johnson and Michael Waldman (2005), ‘The Limits of Indirect Appropriability in Markets for Copiable Goods’5. Martin Peitz and Patrick Waelbroeck (2006), ‘Piracy of Digital Products: A Critical Review of the Theoretical Literature’6. Ivan P.L. Png (2006), ‘Copyright: A Plea for Empirical Research’7. Michele Boldrin and David Levine (2002), ‘The Case Against Intellectual Property’PART IIIISSUES IN COPYRIGHT ADMINISTRATION Introduction to Part IIIRuth Towse and Richard Watt8. William J. Baumol (2004), ‘The Socially Desirable Size of Copyright Fees’9. Arthur Snow and Richard Watt (2005), ‘Risk Sharing and the Distribution of Copyright Collective Income’10. Fabrice Rochelandet (2003), ‘Are Copyright Collecting Societies Efficient Organisations? An Evaluation of Collective Administration of Copyright in Europe’PART IVCOPYRIGHT AND INCENTIVES TO ARTISTS Introduction to Part IVRuth Towse and Richard Watt11. Amit Gayer and Oz Shy (2006), ‘Publishers, Artists and Copyright Enforcement’12. Ruth Towse (2006) ‘Copyright and Artists: A View From Cultural Economics’PART VCOPYRIGHT AND OPEN SOURCE Introduction to Part VRuth Towse and Richard Watt13. Josh Lerner and Jean Tirole (2005), ‘The Economics of Technology Sharing: Open Source and Beyond’14. Justin Pappas Johnson (2002), ‘Open Source Software: Private Provision of a Public Good’Name Index

‘. . . a refreshingly up-to-date collection of materials, focusing on the economics of even such recent phenomena as open source, as well as on some of the more well-trodden paths such as copyright term and infringement.’