Economics
Economics - Papers & Notes
- Licence: All material on this site including these papers are made available under the open licence detailed on the copying page.
- Organization: (roughly) material is organized by subject matter then by time of update with the most recent first.
- Other material: Other information, including announcements and more informal discussion, can be found on the main 'blog' section of the site in the Economics category.
- Contacting me: details on how to contact me can be found on the About page.
Papers: Innovation, Knowledge Production and Openness
(In approximate reverse chronological order)
The Size and Value of the Public Domain
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The Size of the EU Public Domain (Autumn 2010)
This paper reports results from a large recent study of the public domain in the European Union. Based on a combination of catalogue and survey data our figures for the number of items (and works) in the public domain extend across a variety of media and provide one of the first quantitative estimates of the 'size' of the public domain in any jurisdiction. We find that for books and recordings the public domain is around 10-20% of published extant output and would consist of millions and hundreds of thousands of items respectively. For films the figure is dramatically lower (almost zero). We also establish some interesting figures relevant to the orphan works debate such as the number of catalogue entries without any identified author (approximately 10%).
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The Value of the EU Public Domain
This paper reports results from a large recent study of the public domain in the European Union. Based on a combination of catalogue, commercial and survey data we present detailed figures both on the prices (and price differences) of in copyright and public domain material and on the usage of that material. Combined with the estimates for the size of the EU public domain presented in the companion paper our results allow us to provide the first quantitative estimate for the
valueof the public domain (i.e. welfare gains from its existence) in any jurisdiction. We also find clear, and statistically significant, differences between the prices of in-copyright and public-domain in the two areas which we have significant data: books and sounds recordings in the UK. Patterns of usage indicate a significant demand for public domain material but limitations of the data make it difficult to draw conclusions on the impact of entry into the public domain on demand. -
Summary Slides Covering Size and Value of the Public Domain - Talk at COMMUNIA in Feb 2010
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Posts related to this research and EU Public Domain (EUPD) Project
The Dissemination of Scholarly Information: Old Approaches and New Possibilities
The Dissemination of Scholarly Information: Old Approaches and New Possibilities (pdf) with Omar Al-Ubaydli
- July 2009
- Current methods of disseminating scholarly information focus on the use of journals who retain exclusive rights in the material they publish. Using a simple model, this paper explores the technological reasons for this choice in the past, why it is no longer efficient and how it could be improved upon. (See this post for a longer overview)
The Economics of Public Sector Information (March 2009)
The Economics of Public Sector Information (pdf)
- For those who want to keep things brief here's a page summarizing the funding options for PSI
- May 2008: Slides from a presentation to European Commission on Models of PSI Provision by Trading Funds paper (see below)
- Estimate of Gains from Opening Up Public Sector Information (Open Data) in the UK
Forever Minus a Day? Theory and Empirics of Optimal Copyright Term
- Last Updated: 2008-10 (created: 2008-01).
- Link: Forever Minus a Day? Theory and Empirics of Optimal Copyright Term (pdf).
- Slides: Slides from a talk at Stanford
- Comments: a very revised version of the second half of the original 'Forever Minus a Day' paper focused exclusively on copyright term.
Models of Public Sector Information Provision via Trading Funds
- Published: 2008-03-12 by BERR (UK Government Department for Business, Enterprise and Regulatory Reform)
- Link: Models of Public Sector Information Provision via Trading Funds (pdf)
- This report was commissioned by HM Treasury and BERR and jointly written by myself, Professor Newbery (Cambridge University Economics Department) and Professor Bently (Cambridge University Law Department/CIPIL). For more details see the blog post
Optimal Copyright over Time: Technological Change and the Stock of Works
- Published: 2007-12 in Review of Economic Research on Copyright Issues.
- Link: Optimal Copyright over Time: Technological Change and the Stock of Works (pdf, local copy)
- Comments: a revised version of the first half of the original 'Forever Minus a Day' paper.
The Economics of Knowledge: A Review of the Theoretical Literature
- Last Updated: 2007-10 (created 2007-04).
- Link: The Economics of Knowledge: A Review of the Theoretical Literature
- Abstract: A selective review of the existing theoretical literature related to the economics of knowledge with particular attention to intellectual property, especially in the form of patents.
Forever Minus a Day? Some Theory and Empirics of Optimal Copyright
- Last Updated: 2008-01 (created: 2007-01).
- Link: Forever Minus a Day? Some Theory and Empirics of Optimal Copyright (pdf).
- There are also Slides from the presentation of 'Forever Minus a Day?' at SERCIAC 2007 (pdf).
Cumulative Innovation, Sampling and the Hold-up Problem
- Last Updated: 2007-08-10 (created: 2006-06-19).
- Link: Cumulative Innovation, Sampling and the Hold-up Problem (pdf)
Innovation and Imitation with and without Intellectual Property Rights
- Last Updated: 2007-07-17 (created: 2006-12-19).
- Link: Innovation and Imitation with and without Intellectual Property Rights (pdf).
Papers: Competition and Antitrust especially in Platform Markets
Changing the Numbers: UK Directory Enquiries Deregulation and the Failure of Choice
Changing the Numbers: UK Directory Enquiries Deregulation and the Failure of Choice (pdf)
- Last updated: January 2009 (Created: June 2008)
- Blog post with abstract
Is Google the next Microsoft? Competition, Welfare and Regulation in Internet Search
- Dec 2010: Published in Review of Network Economics as Is Google the next Microsoft? Competition, Welfare and Regulation in Online Search
- Blog post
- Created: 2008-04
- Local link: Is Google the next Microsoft? Competition, Welfare and Regulation in Internet Search (pdf)
The Control of Porting in Two-Sided Markets
- Last Updated: 2008-02 (created: 2007-02).
- Link: The Control of Porting (v2.0) (pdf). A significantly updated and revised version of the original paper.
- 2005-07 (revised 2006-09): The Control of Porting (v1.0) (pdf)
Papers: Happiness and Well-Being
Theories of Contextual Judgement in Relation to Well-Being and Other Outcomes
Essays and early work
The Value of the Public Domain
- Published: 2006-07-14 by the Institute for Public Policy Research as part of the their series on IP and the Public Sphere.
- Link: The Value of the Public Domain (pdf) (local copy and an html version).
P2P, Online File-Sharing, and the Music Industry: A Summary of the Literature
- Last Updated: 2007-11-07 (created: 2005-11).
- Link: P2P, Online File-Sharing, and the Music Industry: A Summary of the Literature
The Importance of Patents for Innovation in the Industrial Revolution
- Last Updated: 2004-04.
- Link: The Importance of Patents for Innovation in the Industrial Revolution (html) (pdf version)
- Comments: MPhil Essay in Economic History.
To Be Compatible or Not To Be Compatible: Strategy and Compatibility Choice in Network Markets with Special Attention to Microsoft
- Last Updated: 2004-07.
- Link: To Be Compatible or Not To Be Compatible: Strategy and Compatibility Choice in Network Markets with Special Attention to Microsoft (pdf) (xml src version)
- MPhil Dissertation.
Review, Summaries and Notes
- Theories of Contextual Judgment - June 2008
- Notes on Complexity Models - March 16 2008
- Experimental Games - Some Notes - Feb 29 2008
- Comments on "An Economic Model of Friendship: Homophily, Minorities and Segregation" by Currarini, Jackson and Pin (2007) - Jan 2008
- Innovation, Imitation and IP - Some Existing Literature
- The 'New' Innovation Theory: Boldrin and Levine and Quah (markdown src) - 2005-02 (updated 2005-10)
- Considering Corruption - 2004-05
- Notes on the British Industrial Revolution (Index List)
- General Notes on Papers (Index List)
Miscellaneous
- The Fixed Cost Fallacy - a general essay - 2005-08
- Setting the Defaults for Intellectual Property Policy - 2005-04 (Revised 2006-01)
- Why Politicians are Dishonest (pdf) - 2003
- Policy Change and the UK Housing Market (pdf). All associated source files (data, code and .tex) may be found in housing/ - 2003