Uusi opinto-opas (sisältäen myös opetusohjelmat) lukuvuodelle 2018-2019 sijaitsee osoitteessa https://opas.peppi.utu.fi . Tältä sivustolta löytyvät enää vanhat opinto-oppaat ja opetusohjelmat.

The new study guide (incl. teaching schedules) for academic year 2018-2019 can be found at https://studyguide.utu.fi. This site contains only previous years' guides.

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Archived Curricula Guide 2013–2014
Curricula Guide is archieved. Please refer to current Curricula Guides
TLS_0045 Economic Analysis of Intellectual Property Law 7 ECTS
Organised by
Turku Law School
Person in charge
Responsible teacher: Professor Jukka Mähönen, 3335526, jukmah (at) utu.fi, Tuesday at 1-2 pm, room 211 Other lecturers: Associate prof. Tuomas Mylly, Lecturer Katja Lindroos, Lecturer Ulla-Maija Mylly, Turku School of Economics Lecturer Samuli Leppälä, Turku School of Economics
Preceding studies
Basic knowledge of economic analysis of law.

Learning outcomes

The student will learn the theory of intellectual property law and economics as well as the practical economic underpinnings of European and international intellectual property and related laws, such as competition law through discussion, self-study and participation.


Major theories, premises and concepts will be covered, such as the transaction cost theory, the distinction between property and liability rules, prospect theory, evolutionary economics and post-Chicago literature. The theoretical perspectives will be connected to concrete examples throughout the course.

Teaching methods

Teaching method Contact Online
Lectures 20 h 0 h
Independent work

Teaching language


Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Doctoral Students
  • Exchange Students
Written exam
  • In English
Written exam


Numeric 0-5.

Study materials

Guido Calabresi and Douglas Melamed: Property Rules, Liability Rules, and Inalienability: One View of the Cathedral, Harvard Law Review, pp. 1089-1128 (1972)
Peter Mennell & Susan Scotchmer: Intellectual Property, in: A Mitchell Polinsky and Steven Shavell (eds.): handbook of Law and Economics II (2007)
Richard A. Posner: Intellectual Property: The Law and Economics Approach, Journal of Economic Perspectives, Vol. 19, pp. 57-73.
Edmund W. Kitch: Elementary and Persistent Errors in the Economic Analysis of Intellectual Property, Vanderbilt Law Review, Vol 53, pp. 1727-1741 (2000).
Edmund Kitch: The Nature and Function of the Patent System, The Journal of Law and Economics, pp. 265-290 (1977)
Part IV (Economics) from Lionel Bently, Jennifer Davis and Jane C. Ginsburg (eds): Copyright and Piracy. An Interdisciplinary Critique (Cambridge University Press, 2010)
Mark A. Lemley & Phil Weiser: Should Property or Liability Rules Govern Information?, Texas Law Review, pp. 783-841 (2007)
Robert P. Merges & Richard R. Nelson: On The Complex Economics of Patent Scope, Columbia Law Review, p. 839-916 (1990)
Giovanni Dosi: Technological paradigms and technological trajectories, A suggested interpretation of the determinants and directions of technical change, Research Policy, pp. 147-162 (1982)
Some other reading materials informed in the beginning of the course
Total reading materials is max. 500 pages.

Further information

TIME: 28.10.-11.12.2013

SELECTION CRITERIA: Participation is limited to 40 students. Students enrolled in the Master's Degree Programmme in Law and Information Society (LIS)have priority in the selections. 1/3 of the places is reserved for the degree students of the Faculty of Law. For the remaining places, the following criteria will be used to select the participants:

1. exchange students of the TLS cooperative institutions
2. degree students of the TLS cooperative institutions
3. other law students
4. non-law students

Please see general instructions: Registration for optional study modules.

Registration for the course begins on 1st October 2013 at 8 AM and ends on 21st October 2013 at 3 p.m.

Belongs to following study modules

Faculty of Law
Faculty of Law
Archived Teaching Schedule. Please refer to current Teaching Shedule.
Faculty of Law
Finnish Study Modules
Master of Laws DP
Law, Studies for Bachelor/Master of Laws Degree