institutional structure and patterns of collective action
False or excessively broad claims to rights, if taken seriously, could have devastating effects on content businesses. For example, U.S. National Football League (NFL) broadcasts include the following statement: This telecast is copyrighted by the NFL for the private use of our audience. Any other use of this telecast or of any pictures, descriptions, or … Continue reading taking rights seriously
Energy is a significant cost of running data centers. Over a three-year operating period at typical U.S. power costs, a server’s acquisition cost is about equal to its power cost.[1] One documented estimate puts the annual power cost of U.S. data centers at two billion dollars in 2003.[2] IT power costs should be incorporated into … Continue reading reverse caching saves trees
In the Reformation, decentralized communication of Luther’s thesis contrasted sharply with highly controlled Catholic Church communication. … Read the post Martin Luther: trade-off between textual control and distribution
Funniest. Video. Ever. And its production quality is probably better than what Hollywood was doing twenty-five years ago. Web junk is quality entertainment. P.S. – It’s got about 500,000 views. Makes me proud to be an economist!
The brainpower of all human being around the earth is vastly underutilized. Organizing production to give more persons more opportunities to use their brains can make a huge contribution to the common good. “Crowdsourcing” describes some new production arrangements. An interesting example of crowdsourcing is InnoCentive. InnoCentive mediates between companies seeking solutions to R&D problems … Continue reading limitations of crowdsourcing