AltInst: The Wall Street Performer Protocol: Using Software Completion Bonds To

From: Chris Rasch <crasch@openknowledge.org>
Date: Sat Jan 13 2001 - 21:32:59 PST

Hi,

I've written an essay outlining a method for funding
open source software development that I think offers a solution to the
"free rider" and "assurance" problems caused by the "public good" nature
of open source software.

In brief, it involves creating a market for
tradable software completion bonds. A software completion bond is a
promise to pay the bond owner the face value of the bond when anyone,
anywhere in the world, completes software that meets the bond specs.

Here's the URL:

The Wall Street Performer Protocol: Using Software Completion Bonds To
Fund Open Source Software Development
http://www.openknowledge.org/writing/open-source/scb/

I would welcome any suggestions, questions, or criticisms you may have.
I'm especially interested in your thoughts regarding my analysis of the
public goods problem in free software development.

Chris Rasch

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Received on Sat Jan 13 21:56:28 2001

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