skip to content
Half a century of public software institutions : open source as a solution to hold-up problem Preview this item
ClosePreview this item
Checking...

Half a century of public software institutions : open source as a solution to hold-up problem

Author: Michael Schwarz; Yuri Takhteyev; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2009.
Series: Working paper series (National Bureau of Economic Research), no. 14946.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the underinvestment due to fear of holdup. An inefficient holdup occurs when a user of software must make complementary investments, when  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Michael Schwarz; Yuri Takhteyev; National Bureau of Economic Research.
OCLC Number: 320851415
Notes: "May 2009."
Description: 1 online resource (36 pages) : illustrations, digital.
Series Title: Working paper series (National Bureau of Economic Research), no. 14946.
Responsibility: Michael Schwarz, Yuri Takhteyev.

Abstract:

We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the underinvestment due to fear of holdup. An inefficient holdup occurs when a user of software must make complementary investments, when the return on such investments depends on future cooperation of the software vendor, and when contracting about a future relationship with the software vendor is not feasible. We also consider how the nature of the production function of software makes software cheaper to develop when the code is open to the end users. Our framework explains why open source dominates certain sectors of the software industry (e.g., the top ten programming languages all have an open source implementation), while being almost none existent in some other sectors (none of the top ten computer games are open source). We then use our discussion of efficiency to examine the history of institutions for provision of public software from the early collaborative projects of the 1950s to the modern "open source" software institutions. We look at how such institutions have created a sustainable coalition for provision of software as a public good by organizing diverse individual incentives, both altruistic and profit-seeking, providing open source products of tremendous commercial importance, which have come to dominate certain segments of the software industry.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/320851415> # Half a century of public software institutions : open source as a solution to hold-up problem
    a schema:MediaObject, schema:CreativeWork, schema:Book ;
   library:oclcnum "320851415" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/235057326#Place/cambridge_mass> ; # Cambridge, Mass.
   schema:about <http://experiment.worldcat.org/entity/work/data/235057326#Topic/open_source_software_history> ; # Open source software--History
   schema:about <http://experiment.worldcat.org/entity/work/data/235057326#Topic/open_source_software_economic_aspects> ; # Open source software--Economic aspects
   schema:about <http://experiment.worldcat.org/entity/work/data/235057326#Topic/computer_software_development_economic_aspects> ; # Computer software--Development--Economic aspects
   schema:about <http://dewey.info/class/330/> ;
   schema:about <http://id.worldcat.org/fast/1046097> ; # Open source software
   schema:bookFormat schema:EBook ;
   schema:contributor <http://viaf.org/viaf/135446122> ; # National Bureau of Economic Research.
   schema:contributor <http://viaf.org/viaf/281046857> ; # Yuri Takhteyev
   schema:copyrightYear "2009" ;
   schema:creator <http://viaf.org/viaf/37864870> ; # Michael Schwarz
   schema:datePublished "2009" ;
   schema:description "We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the underinvestment due to fear of holdup. An inefficient holdup occurs when a user of software must make complementary investments, when the return on such investments depends on future cooperation of the software vendor, and when contracting about a future relationship with the software vendor is not feasible. We also consider how the nature of the production function of software makes software cheaper to develop when the code is open to the end users. Our framework explains why open source dominates certain sectors of the software industry (e.g., the top ten programming languages all have an open source implementation), while being almost none existent in some other sectors (none of the top ten computer games are open source). We then use our discussion of efficiency to examine the history of institutions for provision of public software from the early collaborative projects of the 1950s to the modern "open source" software institutions. We look at how such institutions have created a sustainable coalition for provision of software as a public good by organizing diverse individual incentives, both altruistic and profit-seeking, providing open source products of tremendous commercial importance, which have come to dominate certain segments of the software industry."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/235057326> ;
   schema:genre "History"@en ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/235057326#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/235057326#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:name "Half a century of public software institutions : open source as a solution to hold-up problem"@en ;
   schema:productID "320851415" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/320851415#PublicationEvent/cambridge_mass_national_bureau_of_economic_research_2009> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/235057326#Agent/national_bureau_of_economic_research> ; # National Bureau of Economic Research
   schema:url <http://papers.nber.org/papers/w14946> ;
   schema:url <http://ezproxy.eui.eu/login?url=http://papers.nber.org/papers/w14946> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/320851415> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/235057326#Agent/national_bureau_of_economic_research> # National Bureau of Economic Research
    a bgn:Agent ;
   schema:name "National Bureau of Economic Research" ;
    .

<http://experiment.worldcat.org/entity/work/data/235057326#Place/cambridge_mass> # Cambridge, Mass.
    a schema:Place ;
   schema:name "Cambridge, Mass." ;
    .

<http://experiment.worldcat.org/entity/work/data/235057326#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/320851415> ; # Half a century of public software institutions : open source as a solution to hold-up problem
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/235057326#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/320851415> ; # Half a century of public software institutions : open source as a solution to hold-up problem
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/235057326#Topic/computer_software_development_economic_aspects> # Computer software--Development--Economic aspects
    a schema:Intangible ;
   schema:hasPart <http://id.loc.gov/authorities/subjects/sh85029535> ;
   schema:name "Computer software--Development--Economic aspects"@en ;
    .

<http://id.worldcat.org/fast/1046097> # Open source software
    a schema:Intangible ;
   schema:name "Open source software"@en ;
    .

<http://viaf.org/viaf/135446122> # National Bureau of Economic Research.
    a schema:Organization ;
   schema:name "National Bureau of Economic Research." ;
    .

<http://viaf.org/viaf/281046857> # Yuri Takhteyev
    a schema:Person ;
   schema:familyName "Takhteyev" ;
   schema:givenName "Yuri" ;
   schema:name "Yuri Takhteyev" ;
    .

<http://viaf.org/viaf/37864870> # Michael Schwarz
    a schema:Person ;
   schema:birthDate "1970" ;
   schema:familyName "Schwarz" ;
   schema:givenName "Michael" ;
   schema:name "Michael Schwarz" ;
    .

<http://www.worldcat.org/title/-/oclc/320851415>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
   schema:about <http://www.worldcat.org/oclc/320851415> ; # Half a century of public software institutions : open source as a solution to hold-up problem
   schema:dateModified "2017-12-24" ;
   void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.