The Magic Cauldron (essay)

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Lua error in package.lua at line 80: module 'strict' not found. The Magic Cauldron is an essay by Eric S. Raymond on the open source economic model.[1][2][3][4] It can be read freely online, and was published in his book The Cathedral and Bazaar in 1999.[5]

Contents

The essay analyzes the economic models that Raymond believes can sustain an open-source project in four steps:[6][7]

  • 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).[8]

See also

References

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