Waiting for F/OSS: Coordinating the production of free/open source software

I analyze coordination of Free/Open Source Software (F/OSS) projects. Costs of waiting for F/OSS program to be released are borne by all agents until enough modules have been produced. Trade-off between producing a F/OSS module and freeriding is analyzed as a game of war of attrition, in which modules to be developed and potential developers are heterogeneous. It may be optimal to volunteer early for highprofile module that creates reputation and signals programming ability. It may be optimal to volunteer strategically for low-profile module even if high-profile module is available to speed up development process and reduce costs of waiting. Even if waiting brings the opportunity to free ride, there may be a rush to develop high-profile module at first opportunity. The model provides an explanation for how large-scale F/OSS projects can be coordinated without markets and prices nor hierarchies such as firms.