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Cooking pot markets

An economic model for the trade in free goods and services on the Internet

Bibliographic Data

ID15115221
AuthorsRishab Aiyer Ghosh (corresponding author)
Year1998
Volume3
Issue2
Publication date1998-03-02
Open AccessYes
TypeARTICLE
VenueFirst Monday (JOURNAL)
Journal identifiersISSN: 1396-0458 • E-ISSN: 1396-0466
PublisherUniversity of Illinois Libraries (PUBLISHER)
DOI10.5210/fm.v3i2.580
OpenAlexW2116548144
LanguageEN
Citations received29

It has long been assumed that there is something beyond economics involved in the proliferation of free goods and services on the Internet. Although Netscape's recent move to give away the source code for its browser shows that the corporate world now believes that it is possible to make money with free software - previously eyed with cautious pessimism - money is not the prime motivator of most producers of the Internet's free goods, and neither is altruism. Efforts and rewards may be valued in intangibles, but, as this paper argues, there is a very tangible market dynamics to the free economy of the Internet, and rational economic decisions are at work. This is the "cooking-pot" market: an implicit barter economy with assymetric transactions

Barter · Business · Commerce · Digital economy · Economics · Free market · Goods and services · Market economy · The Internet · Computer Science · Economic theories and models · Law

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Citations per year1.04
Citation span1998 - 2023 (26)
Highly citedNo

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