Copyrights are different from other property rights: There is nothing intuitive or inalienable about them. They are not meant to retain all benefits for a single owner, but rather to act as temporary valves as the benefits of ownership flow from one to many, from the private to … [Read more...] about First-Sale Doctrine in Digital Markets
Online Content
Will a Ticket’s Price Always Exceed its Worth?
Want to watch the Boston Celtics take on their playoff nemeses of the past two seasons, the red-hot Lebron James and the Miami Heat? No problem, except the cheapest seats in the house will cost you $85. Brokers can buy tickets at face value before selling at a substantial … [Read more...] about Will a Ticket’s Price Always Exceed its Worth?
“Winning” the Hole in One
Ask anyone who has spent four hours on an immaculate green lawn, swinging a club wildly and chasing a small white ball from sandy ditch to wooded pines, and they will tell you: golf is a simultaneously blissful and frustrating sport. But few golfers have experienced the highs … [Read more...] about “Winning” the Hole in One
Strong Case Against Armstrong?
On October 22nd, 2012, the Union Cycliste Internationale (UCI), the governing body for professional cycling and overseer of international competitive cycling events, banned Lance Armstrong from cycling, stripped him of his seven Tour de France titles and called on him to return … [Read more...] about Strong Case Against Armstrong?
Copyrights in Neverland
Once upon a time, there was a copyright that would not die. A short and shy Scottish writer, James Matthew Barrie, published a story about a boy who never grew up. In 1929, after publishing the script of the play Peter Pan, Barrie gave away its lucrative copyright to Great Ormond … [Read more...] about Copyrights in Neverland