Recent PostsCTN Issue: December 2016 Thomas Hazlett & Michael Honig, The Price of Freedom: How to Charge for Spectrum as WiFi and Cellular Collide IEEE ComSoc Technology News (Dec. 2016) Al[...]Thomas Hazlett recently reviewed two new volumes on the Information Economy for the International Journal of Economics of Business. Both Martin Campbell-Kelly and Daniel D. Garcia-Swartz, [...]My new research shows that more Internet access funding doesn't help students. And almost all U.S. schools are already online. By Thomas Hazlett 08/23/16 09:27 AM EDT Even during[...]How an early telephone silencer took on AT&T. By Lauren Young via Atlas Obscura It's not unusual today to overhear strangers' intimate phone conversations while comm[...]
Autonomy and Independence: The Normative Face of Transaction Costs
53 Ariz. L. Rev. 145 (2011). Robert P. Merges, Wilson Sonsini Goodrich & Rosati Professor of Law and Technology, Director, Berkeley Center for Law & Technology.
“Anticommons theory made a splash, and is today being expanded and applied, because it shifted our collective attention in a crucial way. Before the 1990s, the big policy questions in IP were all about individual IP rights: when should a copyright or patent be granted, when denied? Anticommons theory burst into this conventional conversation like an unruly drunk at a ballet recital. It demanded attention. It said, in effect, “you may mean well, but you’re missing the big point. You’re wasting your time!” The big point is not the individual grant of an IP right. It’s the aggregate impact of granting many rights to many discrete and independent right-holders.”