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By The Becker-Posner Blog
October 2, 2012
![[article image]](https://cacm.acm.org/system/assets/0000/9340/10212.nytimes.richard_a._posner.large.jpg?1476779400&1349198120 "Judge Richard A. Posner")
To evaluate optimal patent protection for an invention, one has to consider both the cost of inventing and the cost of copying; the higher the ratio of the former to the latter, the greater the optimal patent protection for the inventor.
From The Becker-Posner Blog
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