Economics of online cooperation changes as one moves to the internet. Users would like to share information in internet even they do not know each others.
Gift transactions is that a gift given and you cannot make any comment on it. You would not bother on the price of the gift because the gift is from heart. Gift would make user maintain their relationship. Commodity transactions is that you buy something because it is your needs. It do not effect the relationships while it is just only one way of the relationship. Generalized exchange is a balanced reciprocity with a particular individual may not be possible but there is a sense which a balance might occur with a group as a whole.
One of the benefits of online cooperation is changes in costs. This could help the users reduce the cost. For an example, gathering. Normally, people will make a call or sms to invite all the people to attend gathering but right now, having online, people just need to invite the people via internet and it would help to save the cost compare with make a call. Secondly is changes in the production function. Thirdly is changes in benefits. Everyone can use the benefit in the internet such as wikipedia is one of the function that can be use.
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