Information, Computer Software, and the Evolution of Relations of Production

Michael Perelman

Chapter 5 in Information, Social Relations and the Economics of High Technology, 1991, pp 186-207 from Palgrave Macmillan

Abstract: Abstract If public goods are defined as the products of high overhead, low marginal cost industries, then information is indeed a prototypical public good. Its marginal cost is virtually zero. If the popular wisdom, that we are becoming more of an information economy, is correct, then the tension between the existing system of social and property relations and optimal economic performance should be severe in the market for information.

Keywords: Public Good; Marginal Cost; User Base; Software Industry; Software Company (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-11161-9_6

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