Comment & Debate
Barry Sookman. “The costs and benefits of graduated response in copyright enforcement.” Barry Schookman Blog. February 1st, 2010: “Copyright infringement is a negative externality. It raises transaction costs and inhibits investment in the creative industries. Avatar would never have been able to attract a 500 million dollar investment if this 3D movie was as easy to freely copy (free-riding) as a standard 2D video.”