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. The magnitude of this underestimation is likely to increase over time, if software development continues its current …
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their software. We analyze this phenomenon in the context of resource allocation between fixing defects and the development …
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We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...
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