CAFO Working Papers, Centre for Labour Market Policy Research (CAFO), School of Business and Economics, Linnaeus University
No 2009:4:
Rewards and Copyrights with Hidden Information
Klas Sandén ()
Abstract: This paper makes a theoretical contribution by
investigating how the optimal copyright legislation depend on hidden
information. A mixed hidden action – hidden information model is used. The
regulator neither observes the type of firm nor the quality choice of
firms. The paper provides no evidence that hidden information can motivate
a copyright legislation. In fact it shows that the optimal policy, with
asymmetric information, is a reward system that is second best.
Keywords: Asymmetric information; Copyright; Reward system; Legislation; (follow links to similar papers)
JEL-Codes: D20; D82; (follow links to similar papers)
25 pages, September 26, 2008
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Nek_wp4_09.pdf
Download Statistics
Questions (including download problems) about the papers in this series should be directed to Andreas Mĺngs ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design by Joachim Ekebom