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estimate the magnitude of license complementarity by modeling the bidding process as an entry game with interdependent markets … ($19 billion) in Auction 73. Complementarity in a 1 MHz nationwide license is worth $918 million to an average large bidder … revenue substantially at the cost of reducing bidder surplus and increasing license allocation concentration …
Persistent link: https://www.econbiz.de/10014110711
The open source model is a form of software development with source code that is typically made available to all interested parties. At the core of this process is a decentralized production process: open source software development is done by a network of unpaid software developers. Using data...
Persistent link: https://www.econbiz.de/10012708945
We consider software developers who can either work on an open source project or on a closed source project. The former provides a publicly available signal about their talent, whereas the latter provides a signal only observed by their employer. We show that a talented employee may initially...
Persistent link: https://www.econbiz.de/10014213795