How to Best Ensure Remuneration for Creators in the Market for Music? Copyright and its Alternatives

33 Pages Posted: 31 Aug 2006

See all articles by Stan J. Liebowitz

Stan J. Liebowitz

University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics

Richard Watt

University of Canterbury - Economics and Finance; The Society for Economic Research on Copyright Issues (SERCI)

Abstract

The focus of this essay is to examine the market for copyrighted works with a particular emphasis on the sound recording market. This market is currently in a state of flux, some would say disarray, due to the ability of the Internet to lower transmission costs for both authorized and unauthorized copies, with the latter being, at this time, far more prevalent. In this essay we discuss the intent of copyright, the role of copying and file-sharing, and some alternative production/consumption schemes meant to strengthen or to replace copyright.

Suggested Citation

Liebowitz, Stan J. and Watt, Richard, How to Best Ensure Remuneration for Creators in the Market for Music? Copyright and its Alternatives. Journal of Economic Surveys, Vol. 20, No. 4, pp. 513-545, September 2006, Available at SSRN: https://ssrn.com/abstract=927518 or http://dx.doi.org/10.1111/j.1467-6419.2006.00259.x

Stan J. Liebowitz (Contact Author)

University of Texas at Dallas - School of Management - Department of Finance & Managerial Economics ( email )

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Richardson, TX 75080
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HOME PAGE: http://www.utdallas.edu/~liebowit/

Richard Watt

University of Canterbury - Economics and Finance ( email )

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Christchurch
New Zealand

The Society for Economic Research on Copyright Issues (SERCI) ( email )

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Palma de Mallorca, 08080
Spain

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