Cooking pot markets: an economic model for the trade in free goods and services on the ... - 0 views
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much of the economic activity on the Net involves value but no money
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Life on the Internet is like a perpetual auction with ideas instead of money.
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network of trust comes in very handy
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By Rishab Aiyer Ghosh, First Monday, Vol 3(3), 2 March 1998. Nearly 14 years later, many of the impressions of and language about the Internet in this article seem quaint and outddated. However, the author offers the "cooking pot" model to explain how much content and code is shared for "free" on the Internet. In the Internet cook pot model, since physical proximity and distribution are not truly issues, the "pot" can grow (and be widely shared) by as much as people chose to put in it.
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This article does not look at internet barter per se, but helps to explain how all the ideas around barter and trade look different on the internet than they might look in the physical world.