Artistic Markets and Intellectual Property Rights

摘要: This paper discusses the role of copying and intellectual property rights in context artistic markets. Based on distinction between stars modest artists use advertising, we show a static model that, under reasonable conditions, weakening reduces stars’rents but widens market for increases their number. We then extend our setting to an overlapping-generations artists. assume that only given proportion young come out with talent become second life-period. number both long run. Since average price goods is