CINE 230 Study Guide - Midterm Guide: Remix Culture, Loss Aversion, Soundcloud

• School: University of Oregon
• Department: Cinema Studies
• Course: CINE 230
• Professor: Sirois

Document Summary

This exam will cover material from 1/7 through 1/28. *intellectual property rights give the owner of the work the ability to exclude others from using the work in order to monetize intangible assets. Ip rights are limited monopoly rights granted by the government as a balance between creators and society. Loss aversion is the psychological phenomenon that humans tend to feel losses more sharply than gains, and as a result, we avoid as many losses as possible in place of possible gains. Trade secrets: protects ideas but not by ip law. Nondisclosure agreement: protects ideas through contracts to keep a secret. Rivalrous goods: consumption by one prevents consumptions by others (apple) Non-rivalrous goods: consumption by one does not prevent consumption by others (mp3, netflix stream) We consume intellectual properties in both rivalrous and non-rivalrous. What are two elements to come out of this statute and make their way into the us. Gave right to author"s by law to their work.