University of Chicago Law School Chicago Unbound Journal Articles Faculty Scholarship 2014 Innovation and Incarceration: An Economic Analysis of Criminal Intellectual Property Law Jonathan Masur Christopher Buccafusco Follow this and additional works at: https://chicagounbound.uchicago.edu/journal_articles Part of the Law Commons Recommended Citation Jonathan Masur & Christopher Buccafusco, "Innovation and Incarceration: An Economic Analysis of Criminal Intellectual Property Law," 87 Southern California Law Review 275 (2014). This Article is brought to you for free and open access by the Faculty Scholarship at Chicago Unbound. It has been accepted for inclusion in Journal Articles by an authorized administrator of Chicago Unbound. For more information, please contact
[email protected]. INNOVATION AND INCARCERATION: AN ECONOMIC ANALYSIS OF CRIMINAL INTELLECTUAL PROPERTY LAW CHRISTOPHER BUCCAFUSCO* JONATHAN S. MASURt TABLE OF CONTENTS I. INTRODUCTION .............................. ...... 276 II. THE ECONOMICS OF INTELLECTUAL PROPERTY AND CRIMINAL LAW ................................... 280 A. THE ECONOMICS OF INTELLECTUAL PROPERTY ..... ...... 281 B. THE ECONOMICS OF CRIMINAL LAW: INCARCERATION, DAMAGES, AND DETERRENCE ................ ...... 284 C. PROPERTY (AND INTELLECTUAL PROPERTY) CRIMES .............. 289 III. THE LIMITED CASE FOR CRIMINAL COPYRIGHT LIABILITY ....................................... 293 A. THE HARM OF COPYRIGHT INFRINGEMENT ........ ..... 294 1. Copyright Infringement and Incentives ........ ..... 294 2. The