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> Vim is certainly worth more than 100 euro (original title) The monetary value of a copy of free / open source software is effectively zero, provided that at least some people are distributing it without restrictions and free of charge such that it is readily available.
Let's say VIM didn't exist right now. Could you imagine selling it for 100 euro?
Buying it for a 100 euros? Yes, in a heartbeat. It's the single most important tool I use.
Let's say VIM didn't exist right now. Could you imagine selling it for 100 euro?
Selling.. though point. I was never good at making up prices. Buying it for a 100 euros? Yes, in a heartbeat. It's the single most important tool I use.
> Vim is certainly worth more than 100 euro (original title) The monetary value of a copy of free / open source software is effectively zero, provided that at least some people are distributing it without restrictions and free of charge such that it is readily available.
The original wording was carefully chosen - things can cost less than they are worth.
Earlier quoted context omitted.
The original wording was carefully chosen - things can cost less than they are worth.
Not if we are talking about monetary worth, which is what 100 euro denotes. Unless I am severely mistaken in my understanding of economics.
The consumer surplus is the excess value the buyer receives. Think "I would have paid €5 for that drink right now, but they only charged me €2!"
The producer surplus is how much more someone paid than the producer was willing to sell it for.
The same thing can be worth different amounts to different people. Airlines in particular are good at price discrimination: trying to extract as high a price as possible, capturing the possible consumer surplus. Universities too.
Lots of things get no-haggle prices that ignore this difference between price and value.
Let's say VIM didn't exist right now. Could you imagine selling it for 100 euro?
Earlier quoted context omitted.
Not if we are talking about monetary worth, which is what 100 euro denotes. Unless I am severely mistaken in my understanding of economics.
Look into producer and consumer surplus. In any exchange, you'll tend to find that the value of the items exchanged are worth more to the receiving party than the giving party. It's practically essential to agreeing to a trade. The consumer surplus is the excess value the buyer receives. Think "I would have paid €5 for that drink right now, but they only charged me €2!" The producer surplus is how much more someone p…
I guess I always thought that the value (or worth - these are the same, right?) of something in an efficient market is its last sale price, and because vim is widely available for free it's an efficient market with a last sale price of zero.
I would agree with, "The value / worth you derive from your use of vim is greater than 100 euro, assuming you actively use at least one of your vim installations." But then again you could say something similar about most common free or nearly free tools and consumables, for example cutlery, oxygen, and linux.
Let's say VIM didn't exist right now. Could you imagine selling it for 100 euro?
So while it's unlikely Vim would ever sell, then or now, for 100 euros, VIM is worth that much both then and now. Discovering the VIM text editing features today for the first time is just as impressive as discovering them 20 years ago.
Let's say VIM didn't exist right now. Could you imagine selling it for 100 euro?
id suspect VIM would have a very hard time if it was coming out now and nobody knew about it, even for free. That doesnt mean its not awesome, but VIM is all about its legacy, huge ecosystem and hype.
I don't agree with the "hype" part. Where's the hype? I use vim because it gets the job done.