Economic Effects of the New German Copyright Contract Law

Christian Jansen

Law and Economics from EconWPA

Abstract: This paper investigates some economic effects of recent amendments to the German Copyright Law on the German film industry. The changes assume the existence of a prevailing “structural superiority” of media companies over their contractual partners in labor markets which supposedly results in “unfair” contracts. We provide an economic approach to the matter. First, we consider potential effects and the plausibility of a “structural superiority” in terms of buyer power in the German film industry. Second, we consider how the new law affects risk allocation, incentives, transaction costs, and legal certainty in the business.

Keywords: German film industry; copyright law; law and economics (search for similar items in EconPapers)
JEL-codes: L82 K12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul, nep-ind and nep-law
Date: 2003-02-19
Note: Type of Document - pdf; prepared on PC; pages: 38
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwple:0302003

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