Journal of Economic Perspectives: Vol. 5 No. 1 (Winter 1991)


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Some Economics of Trade Secret Law

Article Citation

Friedman, David D., William M. Landes, and Richard A. Posner. 1991. "Some Economics of Trade Secret Law." Journal of Economic Perspectives, 5(1): 61-72.

DOI: 10.1257/jep.5.1.61


Despite the practical importance of trade secrets to the business community, the law of trade secrets is a neglected orphan in economic analysis. This paper sketches an approach to the economics of trade secret law that connects it more closely both to other areas of intellectual property and to broader issues in the positive economic theory of the common law.

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Friedman, David D. (U Chicago)
Landes, William M. (U Chicago)
Posner, Richard A. (U Chicago)

JEL Classifications

K29: Regulation and Business Law: Other


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