Copyright and Competition: Estimating Supply and Demand with Unstructured Data︎︎︎
with Kyungho Lee
arxiv︎︎︎ ssrn︎︎︎ slides︎︎︎
Sep 2025
Extended abstract at EC’25
To understand the role of copyright policy in the presence of generative AI in markets for products with visual attributes, we estimate a structural model of supply (e.g., product positioning) and demand (e.g., tastes for visual attributes) using image data. Visual similarity, calculated using neural network embeddings, serves as a crucial metric for the analysis.
*Media: KBS Radio 1︎︎︎
*Media: KBS Radio 1︎︎︎