Economics Dictionary of Arguments

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Author Item Summary Meta data
I 245
Peer Production/Shirky: Because open source software is based on peer production, work on it can be much more experimental and cost effective. Companies cannot afford it. Why? Open systems reduce the cost of failure, they do not create tendencies towards predictable but suboptimal solutions and they make it easier to integrate contributions coming from people who only make this single contribution.
I 258
Unlike in companies where success is concealed (for competitive advantage) as well as failure (to avoid showing weaknesses), open source projects publish both. This makes it possible to maintain lasting interest.
I 288
People who are to participate in a project must be promised some kind of profit. Microsoft's Encarta attempted to do so in the style of Wikipedia, but the details, the possibilities of participation, seemed irrelevant to people, and the tone of it by addressing them.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Shirky I
Clay Shirky
Here Comes Everybody: The Power of Organizing Without Organizations New York 2009

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