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The Weightless Economy in Economic Development

Quah, Danny - C.E.P.R. Discussion Papers - 1999

Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...

Persistent link: https://www.econbiz.de/10005791375

Internet Security, Vulnerability Disclosure and Software Provision

Choi, Jay-Pil; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2005

In this paper, we examine how software vulnerabilities affect firms that license software and consumers that purchase … software. In particular, we model three decisions of the firm: (i) an upfront investment in the quality of the software to … software. We also model two decisions of the consumer: (i) whether to purchase the software; and (ii) whether to apply a patch. …

Persistent link: https://www.econbiz.de/10005792060

The Determinants of Output Per Contributor in Open Source Projects: An Empirical Examination

Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2004

Using a unique dataset we examine empirically which factors explain output per contributor in open source projects. We find that the output per contributor of open source programmes is much higher when licenses are less restrictive. Further examination suggests that the difference in output per...

Persistent link: https://www.econbiz.de/10005124098

Matching Demand and Supply in a Weightless Economy: Market-Driven Creativity With and Without IPRs

Quah, Danny - C.E.P.R. Discussion Papers - 2002

Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...

Persistent link: https://www.econbiz.de/10005498130