nep-cul New Economics Papers
on Cultural Economics
Issue of 2006‒05‒13
two papers chosen by
Roberto Zanola
Universita degli Studi del Piemonte Orientale

  1. Analyzing Artistic Innovation: The Greatest Breakthroughs of the Twentieth Century By David W. Galenson
  2. An Economic Model of Fair Use By Thomas J. Miceli; Richard P. Adelstein

  1. By: David W. Galenson
    Abstract: This paper considers not only when in their careers the greatest artists of the twentieth century made their greatest discoveries, but also how quickly they made them. The results underscore the dominant position of Picasso and Cubism in twentieth-century art: Picasso alone accounts for the two best three-year periods produced by any artist, and he and Braque account for three of the best five-year periods, all for the work the two young artists did in developing Cubism. Warhol’s innovations in Pop art and Matisse’s development of Fauvism also rank among the century’s most important breakthroughs. In general, identifying the most important short periods of artistic creativity emphasizes the differing methods of conceptual and experimental artists: great conceptual innovators, like Picasso, Matisse, and Warhol, made their greatest discoveries abruptly, whereas great experimental innovators, like Mondrian, Kandinsky, and Pollock, made their discoveries more gradually. The finding that artists who innovate early in their lives do so suddenly, while those who innovate late do so more gradually, adds an important dimension to our understanding of human creativity.
    Date: 2006–05
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:12185&r=cul
  2. By: Thomas J. Miceli (Department of Economics, University of Connecticut); Richard P. Adelstein (Department of Economics, Wesleyan University)
    Abstract: The doctrine of fair use allows limited copying of creative works based on the rationale that copyright holders would consent to such uses if bargaining were possible. This paper develops a formal model of fair use in an effort to derive the efficient legal standard for applying the doctrine. The model interprets copies and originals as differentiated products and defines fair use as a threshold separating permissible copying from infringement. The analysis highlights the role of technology in shaping the efficient standard. Discussion of several key cases illustrates the applicability of the model.
    Keywords: Fair use, Copyright law, Technological improvement
    JEL: K11 O34
    Date: 2005–11
    URL: http://d.repec.org/n?u=RePEc:wes:weswpa:2005-014&r=cul

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