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http://ssrn.com/abstract=1436186
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Forever Minus a Day? Calculating Optimal Copyright Term
Rufus Pollock
affiliation not provided to SSRN
July 19, 2009
Review of Economic Research on Copyright Issues, Vol. 6, No. 1, pp. 35-60, 2009
Abstract:
The optimal term of copyright has been a matter for extensive debate over the last decade. Based on a novel approach we derive an explicit formula which characterises the optimal term as a function of a few key and, most importantly, empirically-estimable parameters. Using existing data on recordings and books we obtain a point estimate of around 15 years for optimal copyright term with a 99% confidence interval extending up to 38 years. This is substantially shorter than any current copyright term and implies that existing terms are too long.
Number of Pages in PDF File: 26
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Date posted: July 21, 2009
Suggested CitationPollock, Rufus, Forever Minus a Day? Calculating Optimal Copyright Term (July 19, 2009). Review of Economic Research on Copyright Issues, Vol. 6, No. 1, pp. 35-60, 2009. Available at SSRN: http://ssrn.com/abstract=1436186
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