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Firms have the choice of developing software as either open source or closed source. The open-source approach to … software development has been advocated as a new and better method for developing high quality software than the traditional … closed-source approach. In open source, volunteer programmers freely contribute code to develop and improve the software …
Persistent link: https://www.econbiz.de/10014033828
This paper examines open source software development in a competitive environment. The quality of open source software … augments competitors' software quality in future periods subject to compatibility considerations with their existing software …. A differential game model is developed to understand why firms are increasingly involved in open source software …
Persistent link: https://www.econbiz.de/10012772013
As the competition in the software development business grows fiercer, the features provided in the software become … more and more important. With the growing popularity of open source software and the advent of new software delivery models …, such as software-as-a-service, the traditional software vendors cannot compete on price in the long run. Therefore, they …
Persistent link: https://www.econbiz.de/10014222947
We study optimal policies for design reuse in a software project using a control theoretic approach. A project needs to …
Persistent link: https://www.econbiz.de/10014146028
the framework of a dynamic duopolistic competition, with firms controlling their investments in software …
Persistent link: https://www.econbiz.de/10014047852
Optimal control theory is employed to derive explicitly the optimal (profit maximizing) price of a durable new product over time. The sales rate dynamics depends on the product price and on the unsold portion of the market. Specifically, the hazard rate (i.e. the probability of a purchase by a...
Persistent link: https://www.econbiz.de/10014046439
We consider a market consisting of two populations, termed rich and poor for convenience. If a product is priced such that it is very expensive for the poor, but affordable to the rich, then it becomes a status symbol for the poor and this makes it more desirable for the poor. At a lower price,...
Persistent link: https://www.econbiz.de/10013158791
We study the problem of optimally allocating effort between software construction and debugging. As construction …
Persistent link: https://www.econbiz.de/10014038892
We present a sufficient condition for a feedback Stackelberg equilibrium of a stochastic differential game on an infinite horizon. This condition gives rise to a system of elliptic partial differential equations involving a static Stackelberg game at the level of Lagrangian. As an example, we...
Persistent link: https://www.econbiz.de/10014040108
For most multi-period decision-making problems, it is generally well-accepted that the influence of information about later periods on the optimal decision in the current period reduces as we move farther into the future. If and when this influence reduces to zero, the corresponding problem...
Persistent link: https://www.econbiz.de/10014045099