Contracts Between Art and Commerce

摘要

Economists interested in the creative industries like arts and entertainment have had trouble mobilizing a set of economic tools suited to understanding such issues as why these industries are organized as they are and what consequences public policies hold for them. However, some useful tools have recently emerged from the theory of contracts. The basic structural characteristics of creative industries―their technologies of production and consumption―fiercely resist governance by anything approaching a complete contract. Yet they have evolved distinctive and serviceable contract forms that seem to differ from deal-making patterns prevalent in other sectors.