000042039 000__ 01635cam\a22002535i\4500 000042039 001__ 42039 000042039 003__ SzGeWIPO 000042039 005__ 20240708145857.0 000042039 008__ 200624s2019\\\\sz\\\\\\r\\\\\000\0\eng\d 000042039 040__ $$aSzGeWIPO$$beng$$erda 000042039 041__ $$aeng 000042039 1001_ $$aGuerra-Pujol, F. E. 000042039 24503 $$aOf Coase and Copyrights :$$bThe Law and Economics of Literary Fan Art 000042039 264_1 $$a[New York City, New York] :$$bReview of Intellectual Property Law,$$c2019. 000042039 300__ $$a11 pages 000042039 336__ $$atext$$btxt$$2rdacontent 000042039 337__ $$aunmediated$$bn$$2rdamedia 000042039 338__ $$avolume$$bnc$$2rdacarrier 000042039 520__ $$aThis paper explores the law and economics of “literary fan art,” i.e. unauthorized derivative works by third parties that are based on someone else's literary work product. What is the legal status of such fan art? Because copyright laws extend to derivative works, the legal question boils down to this: when does fan art constitute “fair use”? Literary fan art thus poses a difficult puzzle: how far should property rights extend in the domain of literature? This paper is this organized as follows. To motivate the paper, Part I presents some notable examples of contemporary literary fan art inspired by Ernest Hemingway’s classic novella "The Old Man and the Sea." Part II then restates the legal puzzle this paper will attempt to solve. Next, Part III shows why the traditional fair use standard is utterly unhelpful in solving the fan art puzzle, while Part IV will sketch an alternative Coasean solution. Part V concludes with two cheers for fan art. 000042039 525__ $$aPublished in : NYU Journal of Intellectual Property & Entertainment Law, Forthcoming 000042039 650_0 $$aFan art 000042039 650_0 $$aFair use 000042039 650_0 $$aCopyright 000042039 650_0 $$aReciprocal harms 000042039 85641 $$uhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=1452423$$yView this resource 000042039 904__ $$aJournal article 000042039 980__ $$aBIB