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Software is a good with very special economic characteristics. Taking a general definition of software as its starting … and cost structure, the demand, the contestability of software-markets, and the allocative efficiency. In this context it … appears to be reasonable to subsume the various characteristics under the following generic terms: software as a means of data …
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The economic characteristics of software and transaction costs explain, why closed source and open source software co … say, a first best realization of contracts is not feasible. Hence, open and closed source software are two second best …
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Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
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The economic characteristics of software and transaction costs explain, why closed source and open source software co … say, a first best realization of contracts is not feasible. Hence, open and closed source software are two second best …
Persistent link: https://www.econbiz.de/10014206568
Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry … for the enduring principles it lays out; for the lessons taught by software platforms that transformed the economy from …
Persistent link: https://www.econbiz.de/10012996908
Software platforms are a critical component of the computer systems, underpinning leading-edge products ranging from … third-generation mobile phones to video games. After describing some key economic features of computer systems and software …
Persistent link: https://www.econbiz.de/10013318908