Considering the Risk Dimension in the Administration of Copyright

13 Pages Posted: 1 Sep 2008  

Ana Maria Tetrel

Max Planck Institute for Intellectual Property Competition and Tax Law

Date Written: August, 28 2008

Abstract

In the law and economics literature of copyright, the economic function of collecting societies has been principally treated as a way to diminish transaction costs. However, another possible function, the transfer of risk as a function of collective administration has been, relatively, ignored. Through risk analysis, an author will be able to determine which method of administration of protected rights is most beneficial to him. Due to information asymmetries, authors and users bear a number of risks. These risks can be transferred to a collecting society which is in a better position to bear them more efficiently and to better administer the protected rights.

Keywords: collective administration of copyright, risk

JEL Classification: D8, K

Suggested Citation

Tetrel, Ana Maria, Considering the Risk Dimension in the Administration of Copyright (August, 28 2008). Review of Economic Research on Copyright Issues, Vol. 5, No. 1, pp. 75-87, 2008. Available at SSRN: https://ssrn.com/abstract=1260506

Ana Maria Tetrel (Contact Author)

Max Planck Institute for Intellectual Property Competition and Tax Law ( email )

Marstallplatz 1
Munich, 80539
Germany

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