
produce what? production of information products

two characteristics

1. decentralization - instead of a central organizer

2. social cues and motivation instead of prices or
commands to motivate and coordinate actions.

three structural attributes

gain over market and firm

1. self-identification/self-selection for tasks that attract
and suits them (information gain)

2. The larger number of participants and the larger number of projects -
the higher probabilites than the best set of persons will be able to work on a project
where they will be most productive.

examples

GNU/Linux (software)

Wikipedia (content)

web search engines (yahoo and google) (information)

SETI@home, folding, filesharing, skype (distributed computing)

physical goods with excess capacity

Peer production is emerging as information
production due to four attributes

limitation

1. Communication and integration cost

2. "Grainularity issue" - fine grained contributions

3. Duplication of efforts - redundancy
Can be a good thing. Competition.

Still, too little practical research on CBPP

Usually exists in combination of market/firm

Why do people do it? Indirect awards.

extrinsic - enhancing reputation, developing human
capital and social networks

intrinsic - satisfying psychological needs, pleasure and
a sense of social belonging

How?

legal devices like GPL

social norms

technological constrains on "antisocial" behaviour

no organization costs,
no transaction costs
(except infrastructure: computers + network)

no "tradegy of the commons"

because peers non-rival

may be hierarchical ("onion model")?

redundancy

between projects

choose between patches

both synergy and competition

good for creativity

error correction

CBPP a "new" production model?

historically: no

ex: folk myths

first time in a global networked way