The Magic Cauldron (essay)

"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 book The Cathedral and Bazaar in 1999.[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
  • Raymond, Eric S. (2001). "The Magic Cauldron". The Cathedral and the Bazaar (Paperback ed.). O'Reilly. ISBN 978-0-596-00108-7.
  • Raymond, Eric S. (6 November 1999). "The Magic Cauldron". Retrieved 21 March 2016.

See also

References
  2. 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.
  4. 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.


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