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Heterogeneity, Stratification and Growth

Bénabou, Roland - C.E.P.R. Discussion Papers - 1993

particular when comparing local and national funding of education, which correspond to special cases of segregation and …

Persistent link: https://www.econbiz.de/10005666953

Education, Income Distribution, and Growth: The Local Connection

Bénabou, Roland - C.E.P.R. Discussion Papers - 1994

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

Persistent link: https://www.econbiz.de/10005661649

Microstructure of Collaboration: The 'Social Network' of Open Source Software

Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2008

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/10005662205

A Brief Survey of the Economics of Open Source Software

Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2011

The open source model is a form of software development in which the source code is made available, free of charge, to all interested parties; further users have the right to modify and extend the program. Open source software (OSS) methods rely on developers who reveal the source code under an...

Persistent link: https://www.econbiz.de/10009148876

Competition in the Cryptocurrency Market

Gandal, Neil; Halaburda, Hanna - C.E.P.R. Discussion Papers - 2014

We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the changes over time in exchange rate data among cryptocurrencies. Specifically, we look at two aspects: (1) competition among different currencies, and (2) competition among exchanges...

Persistent link: https://www.econbiz.de/10011084460

Ain’t it "Suite"? Bundling in the PC Office Software Market

Gandal, Neil; Markovich, Sarit; Riordan, Michael - C.E.P.R. Discussion Papers - 2012

Our paper examines the importance of office suites for the evolution of the PC office software market in the 1990s. We develop a discrete choice model of product differentiation that enables us to estimate correlation in consumer preferences across spreadsheets and word processors. Estimation...

Persistent link: https://www.econbiz.de/10011083678

Direct and Indirect Network Effects are Equivalent: A Comment on “Direct and Indirect Network Effects: Are They Equivalent?”

Church, Jeffrey; Gandal, Neil - C.E.P.R. Discussion Papers - 2012

Clements (2004) makes the following two claims: (i) unlike direct network effects, increases in the size of the market do not, in the case of indirect network effects, make standardization more likely, but (ii) indirect network effects are associated with excessive standardization. We show in...

Persistent link: https://www.econbiz.de/10011084429

Bonus Culture: Competitive Pay, Screening, and Multitasking

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2013

This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...

Persistent link: https://www.econbiz.de/10011083769

Forbidden Fruits: The Political Economy of Science, Religion, and Growth

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Persistent link: https://www.econbiz.de/10011262883

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 reduce potential vulnerabilities; (ii) a policy...

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