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Abstract

Artists often struggle to make a living because they see profits only from the first sales of their work. Unlike other creative arts, where the creator can earn a living via sales of books or music, an artist’s product is valuable for its singularity. Droit de suite, or the artist resale royalty right, allows artists to recover a percentage of profits from resales of their work. Implementing resale royalty schemes has been a subject of controversy worldwide due to fears that the art market will relocate to areas without such additional transaction costs—but broad-scale, international implementation of droit de suite can alleviate this perceived unevenness as well as provide artists with the opportunity to earn a living from their work. A new, multi-lateral treaty should be an international priority in order to forever dispel the concept of the starving artist.

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