[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Intellectual Property II
From: |
Alexander Terekhov |
Subject: |
Re: Intellectual Property II |
Date: |
Fri, 10 Feb 2006 18:39:38 +0100 |
Rui Miguel Silva Seabra wrote:
>
> On Fri, 2006-02-10 at 16:52 +0100, Alexander Terekhov wrote:
> > Rui Miguel Silva Seabra wrote:
> >
> > [... "monopoly" ...]
> >
> > William M. Landes and Richard Posner:
> >
> > -----
> > A property right is a legally enforceable power to exclude others
> > from using a resource, without need to contract with them. So if A
> > owns a pasture, he can forbid others to graze their cattle on it
>
> Yes, we all know that. But contrary to grass & cows, people can copy
> digital content ad aeternum without loss of the source.
-----
................................ The dynamic benefit of a property
right is the incentive that the right imparts to invest in the
creation or improvement of a resource .........................
............................................................
...................................... For example, a firm is less
likely to expend resources on developing a new product if competing
firms that have not borne the expense of development can duplicate
the product and produce it at the same marginal cost as the
innovator; competition will drive price down to marginal cost, and
the sunk costs of invention will not be recouped.
-----
regards,
alexander.
- Re: Intellectual Property II, (continued)
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/09
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/10
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/10
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/10
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/10
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II,
Alexander Terekhov <=
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/10
- Message not available
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/13
- Re: Intellectual Property II, David Kastrup, 2006/02/13
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/13
- Re: Intellectual Property II, David Kastrup, 2006/02/13
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/13
- Re: Intellectual Property II, David Kastrup, 2006/02/13
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/13
- Re: Intellectual Property II, Alexander Terekhov, 2006/02/13
- Re: Intellectual Property II, Rui Miguel Silva Seabra, 2006/02/07