Forever Minus a Day? Theory and Empirics of Optimal Copyright Term

Rufus Pollock ()

MPRA Paper from University Library of Munich, Germany

Abstract: The optimal term of copyright has been a matter for extensive debate over the last decade. 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 fifteen years. This is substantially shorter than any current copyright term and implies that existing copyright terms are too long.

Keywords: Copyright; Intellectual Property; Copyright Term (search for similar items in EconPapers)
JEL-codes: L10 O31 O34 (search for similar items in EconPapers)
Date: 2008-01, Revised 2008-05-15
New Economics Papers: this item is included in nep-cul, nep-ino, nep-ipr and nep-pr~
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:8887

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