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Classic economic theory asserts that full information transparency entails information symmetry and, thus, market efficiency in trading. We test if this theory still holds in a blockchain-enabled marketplace where full information transparency is accomplished via blockchain. We leverage the data...
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The presence of an open source software community has provided firms with a non-monetary compensation dimension: the firm can substitute wages for the flexibility it gives its programmers to participate in open source projects. The problem for the software firm is to determine the optimal extent...
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Public “Beta” launches have become a preferred route of entry into the markets for new software products and web site based services. While beta testing of novel products is nothing new, typically such tests were done by experts within firm boundaries. What makes public beta testing so...
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