Question

AA A Consider the case of intellectual property rights, euch as the ownership of a Copyright by an author of a book would you Charactrige the copyright non-rival goed? However, in such copyright also non excludable? Justify your answer with economic reasoning! A !! ! ! In ID

Answer 1

A good is rivalrous if one person consuming it means someone else cannot consume the same unit of the good , one unit of good once consumed is not available for another person . A good is excludable if someone can be prevented from using a good or a producer has the right to prevent consumers from using a good who are not paying , each unit can only be obtained after paying the price . Here the kind of intellectual property right discussed is copyright . The author of a book gets copyright which means no one else can print and sell the book without author's prior permission , any copying of the book is illegal . It provides  exclusive publication, distribution, and usage rights for the author . This provides financial incentive for original creation and appreciates such creations in a way .

So copyright is not a non-rivalrous good . It is rivalrous in nature ( we are considering copyright as a good here , not the book which receives the copyright or anyother story book ) . One person having copyright over a certain book means that he has sole ownership , another author cannot cannot have same copyright over the same book or another book . One unit of copyright is granted to one person only at a time . Same copyright cannot be given to another . If another author requires copyright for his self creation he has to obtain another copyright after application .

However it is non-excludable . One author getting a copyright over his book cannot prevent another author to get copyright for their own creations . As for example a person can be prevented from entering a movie hall without a ticket . But here anyone with original creation worthy of copyright protection can obtain it ( we are assuming obtaining copyright only requires original work and no price ) . We can actually say that it is quasi non-excludable because someone without original work or copied work cannot obtain copyright , so here producers of copyright can prevent authors to receive copy right on the basis of originality of work .