This paper analyzes the effects of a percentage-of-revenue salary cap in a team sports league with win-maximizing clubs and flexible talent supply. It shows that a percentage-of-revenue cap produces a more balanced league and decreases aggregate salary payments. Taking into account the...

In spite of Microsoft’s quasi monopoly position in the market for operating systems Linux has succeeded to become a serious competitor of Microsoft Windows. From an economic standpoint this fact raises some puzzles. In this paper we focus on the development and production of a complex team...

Software developed and produced in open source projects has become an important competitor in the software industry. Since it can be downloaded for free and no wages are paid to developers, the open source endeavor seems to rest on voluntary contributions by hobbyists. In the discussion of this...

Software developed and producedin open source projects has become an importantcompetitor in the software industry. Since itcan be downloaded for free and no wages arepaid to developers, the open source endeavorseems to rest on voluntary contributions byhobbyists. In the discussion of this puzzle...

Das open source entwickelte Betriebssystem Linux setzt den Quasi- Monopolisten Microsoft gefährlich unter Druck. Diese Entwicklung ist aus einer organisationsökonomischen Perspektive deswegen bemerkenswert, weil hinter Linux kein hierarchisches Unternehmen mit zentraler Steuerung und einem...