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| ↑ [[Table of Contents]]<br />
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| ← [[2. Some Basic Economics of Information Production and Innovation|Chapter 2]] | [[4. The Economics of Social Production|Chapter 4]] →
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| == Content ==
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| * [http://www.benkler.org/Benkler_Wealth_Of_Networks_Chapter_3.pdf Full text (PDF)]
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| * [[Sentence-sliced Text Chapter 3|Full text, sentence-sliced (wiki)]]
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| * [[Summary Chapter 3|Summary (wiki)]]
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| * [[Commentary Chapter 3|Commentary (wiki)]]
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| ==Summary==
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| It is not intuitive that thousands of volunteers could beat big companies. Yet they do.
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| Coase argues that corporations exist because the transaction costs of using the market are too high. Yet GNU/Linux, Apache, Perl and others use neither markets nor hierarchies.
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| I call this commons-based peer production. Commons (as opposed to property) because no one person controls how the resource is used, they are either open to the public or a defined group. Peer production because it is done through self-selected, decentralized individual action.
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| Examples: Free software, NASA Clickworkers, Wikipedia, Second Life.
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| Relevance and accredditation technology can ensure the results are good: Open Directory Project, Slashdot (karma).
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| Distribution tech too: Project Gutenberg.
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| Sharing tech: SETI@Home, Napster
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| ==Sources==
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| ===Sources cited in the chapter===
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| ===Other relevant readings===
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| ==Case Studies==
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| ===Supporting examples===
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| ; [http://www.mturk.com/mturk/welcome Amazon Mechanical Turk] : Could be considered micro-outsourcing, allows API access to human effort. ''Also see [http://feeds.feedburner.com/Turkwatch Turkwatch] for an overview of recent MTurk projects''
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| ===Counter-examples===
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| ===Indeterminate Examples (in progress)===
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| ; [http://mycroftnetwork.com Mycroft] : UCB iSchool research project, a generalization of [http://en.wikipedia.org/wiki/Clickworkers ClickWorkers] by utilizing a few seconds of web surfer's abilities to collaboratively solve large problems, without leaving the page. Currently focusing on Wikipedia image tagging and [http://www.gutenberg.org/ Project Gutenberg].
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| ==Key Concepts==
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