-----Forwarded Message----- From: [EMAIL PROTECTED] To: tchur @ optushome . com . au <[EMAIL PROTECTED]> Cc: David Mertz <[EMAIL PROTECTED]>, Brendan Scott <[EMAIL PROTECTED]>, openhealth-list @ minoru-development . com <[EMAIL PROTECTED]> Subject: Re: Ronald Coase and FLOSS Date: 13 Dec 2003 13:06:05 +1100
Coase is famous for arguing that transaction costs give rise to the modern firm as we know it. There is a recent paper by Yochai Benkler which argues that in the modern world these transaction costs are so small as to obviate the need for a firm to organise production. (apologies for the gross oversimplifications I've just made) A reference for the Coase article is: The Nature of the Firm R. H. Coase Economica November 1937 at 386 It uses archaic economics language so is a bit turgid. And for the Benkler Article is: Coase's Penguin Yochai Benkler http://www.benkler.org/CoasesPenguin.html (apparently also published in the Yale Law Journal Winter 02/03) Cheers Brendan > Tim Churches <[EMAIL PROTECTED]> wrote: > > Coase's work (see > http://www.nobel.se/economics/laureates/1991/press.html ) is new to > me > but it would seem to be highly relevant to any economic analysis of > FLOSS, going well beyond issues such as software license > administration > costs (which with FLOSS are negligible). -- Tim C PGP/GnuPG Key 1024D/EAF993D0 available from keyservers everywhere or at http://members.optushome.com.au/tchur/pubkey.asc Key fingerprint = 8C22 BF76 33BA B3B5 1D5B EB37 7891 46A9 EAF9 93D0
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