THE SIMPLE ECONOMICS OF OPEN SOURCE

Josh Lerner and Jean Tirole

There has been a recent surge of interest in open source software
development, which involves developers at many different locations and
organizations sharing code to develop and refine programs. To an
economist, the behavior of individual programmers and commercial
companies engaged in open source projects is initially startling. This
paper makes a preliminary exploration of the economics of open source
software. We highlight the extent to which labor economics, especially
the literature on "career concerns," can explain many of these
projects? features. Aspects of the future of open source development
process, however, remain somewhat difficult to predict with
"off-the-shelf" economic models.

Paper at:
http://www.hbs.edu/research/facpubs/workingpapers/abstracts/9900/00-059.html

-- 
Raj Mathur                [EMAIL PROTECTED]      http://kandalaya.org/
       GPG: 78D4 FC67 367F 40E2 0DD5  0FEF C968 D0EF CC68 D17F
                      It is the mind that moves

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