The Magic Cauldron (essay)

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"The Magic Cauldron" is an essay by Eric S. Raymond on the open-source economic model.[1] It can be read freely online and was published in his 1999 book, The Cathedral and the Bazaar.[2]

Contents

The essay analyzes the economic models that Raymond believes can sustain an open-source project in four steps:[3]

  • It first analyzes what the author sees as classical myths about the cost refund in software development and tries to present a game-theory based model of the supposed stability of open-source cooperation.
  • Secondly, it presents nine theoretical models that would work for sustainable open-source development: two non-profit, seven for-profit.
  • Thirdly it states a theory to decide when it is economically interesting for software to remain closed.
  • Finally, it examines some mechanisms that, according to Raymond, the market invented to fund for-profit open-source development (like patronage system and task markets).[4]

Publication

See also

  • Revenge of the Hackers

References

  1. Baldwin, Carliss Y; Kim Clark (Jul 2006). "The Architecture of Participation: Does Code Architecture Mitigate Free Riding in the Open Source Development Model?". Management Science 52 (7): 1125. doi:10.1287/mnsc.1060.0546. 
  2. Bruns, Bryan (2001). "Open sourcing nanotechnology research and development: issues and opportunities". Nanotechnology 12 (3): 198–210. doi:10.1088/0957-4484/12/3/303. 

External links