Open source software (OSS) is a public good. A self-interested individual would consider providing such software, if the benefits he gained from having it justified the cost of programming. Nevertheless each agent is tempted to free ride and wait for others to develop the software instead. This...

This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur....

Recently the software industry has experienced fundamental changes in market structure through the entry of open source competitors, e.g. Linux‘s entry into the operating systems market. In a simple model we examine the effects of such a change in market structure from monopoly to duopoly...

This papers sheds light on the puzzling evidence that even though open source software (OSS) is a public good, it is developed for free by highly qualified, young and motivated individuals, and evolves at a rapid pace. We show that once OSS development is understood as the private provision of a...

European companies that are larger than a specific size have had to comply with reporting requirements on non-financial topics since 2017 under the European Union's Non-Financial Reporting Directive (2014/95/EU), thereby making non-financial reporting (NFR) mandatory. To the best of the author's...

An astonishing 33 % of all export spells in Danish data turn out to be isolated single-month one-off export transactions. On average, for an export-active firm, one-off events generate 17 % of foreign sales. These patterns do not sit well with available trade models. To reconcile theory with the...

Previous literature has identified income, poor health and social relationships as the most important predictors of subjective well-being (SWB). In addition, the literature has identified a non-linear relationship between age and SWB, with a dip in SWB in mid-life. Explanations of the non-linear...

The emergence and market success of Linux in recent years has been impressive. Contrary to common belief, commercial enterprises are active only in the provision of services (including distribution) related to Linux. The emergence of this service market has paved the way for Linux to become a...