Llanes, Gastón; de Elejalde, Ramiro - In: International Journal of Industrial Organization 31 (2013) 1, pp. 36-49
We present a model of industry equilibrium to study the coexistence of open-source and proprietary firms. Two novel aspects of the model are (i) participation in open source arises as the optimal decision of profit-maximizing firms, and (ii) open-source and proprietary firms may (or may not)...