8 Pages Posted: 1 Feb 2010
Date Written: December 31, 2009
The debate about copyright law centers on the apparent tradeoff between the creation of new works and the extent to which these works are used once they are created. Economics has been employed explicitly and implicitly to bolster positions taken by those involved in this debate. I do not directly join this debate here, but what I will say is relevant to it. My objectives are different, to draw attention to the neglect of creativity by economists and to describe some of the unique problems this neglect poses for those who use traditional economic models to explain and support the positions they take in this debate. It is no intent of mine to discourage the use of traditional economic models but, rather, to urge greater care in their use.
Suggested Citation: Suggested Citation
Demsetz, Harold, Creativity and the Economics of the Copyright Controversy (December 31, 2009). Review of Economic Research on Copyright Issues, Vol. 6, No. 2, pp 5-12, 2009. Available at SSRN: https://ssrn.com/abstract=1545464