First Monday: Self-selection strategies for information goods [via Peter Suber, March 18, 2002] The era of electronic processing, storage and distribution of information goods has reduced the marginal costs of duplication and distribution of information goods. Nevertheless, information industries still have to cover large fixed costs needed to pay their managers, writers and the fixed costs of acquiring information. This means that the cost of creating the first copy of an information good remains very high, while the costs of making additional copies of the original document is nearly zero.
§
I am no longer accepting public comments on this post, but you can use this form to contact me privately. (Your message will not be published.)
§
© 2001–9 Mark Pilgrim