From: "Sampo Syreeni" <decoy@iki.fi>
But when the yield does not go to the one who created the master copy, why should anyone create anything, anymore? (Or, more realistically, why should people create at an efficient level?)
There's no such thing as "efficient level", except in the tautology "the market outcome is always efficient". We both created stuff we didn't expect to be paid for - these emails. Why - this is for psychology to discover. Mark
On Wed, 3 Jul 2002, Marcel Popescu wrote:
There's no such thing as "efficient level", except in the tautology "the market outcome is always efficient".
Only if you take as granted a market based on some fixed set of property rights and other rules of exchange. If you do this, there is no reason to discuss the issue further and your reply was, to put it bluntly, superfluous.
We both created stuff we didn't expect to be paid for - these emails.
True. But somehow I fail to see how one can scale this sort of reasoning to entail anything approaching one of the current TOP10 movies. Sampo Syreeni, aka decoy - mailto:decoy@iki.fi, tel:+358-50-5756111 student/math+cs/helsinki university, http://www.iki.fi/~decoy/front openpgp: 050985C2/025E D175 ABE5 027C 9494 EEB0 E090 8BA9 0509 85C2
participants (2)
-
Marcel Popescu -
Sampo Syreeni