Public good - Revision history

TiberiusB at 18:09, 8 May 2022

2022-05-08T18:09:55Z

TiberiusB at 17:50, 8 May 2022

2022-05-08T17:50:25Z

TiberiusB at 01:01, 13 April 2022

2022-04-13T01:01:01Z

TiberiusB at 23:04, 2 March 2022

2022-03-02T23:04:31Z

TiberiusB at 22:59, 2 March 2022

2022-03-02T22:59:16Z

TiberiusB: Created page with "Is a good that is both '''non-excludable''' and '''non-rivalrous'''. A commons good is a such as wild fish stocks in the ocean, which is '''non-excludable''' but '''riva..."

2022-03-02T22:58:42Z

Created page with "Is a good that is both '''non-excludable''' and '''non-rivalrous'''. A commons good is a such as wild fish stocks in the ocean, which is '''non-excludable''' but '''riva..."

New page

Is a good that is both '''non-excludable''' and '''non-rivalrous'''.

A [[commons good]] is a such as wild fish stocks in the ocean, which is '''non-excludable''' but '''rivalrous''' to a certain degree. If too many fish were harvested, the stocks would deplete, limiting the access of fish for others.

Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.

Like with [[commons]] public goods require governance. they are usualy managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[nondominum]] goods, which do not require protection from any institution.

@@ Line 3: / Line 3: @@
 Is a good that is both '''non-excludable''' and '''non-rivalrous'''.
-Best example in this context is the Internet, a basket of open source software technologies, a mix of public and private physical infrastructure with laws that protect access and use.
+Best example in this context is the Internet, a basket of ''open source software technologies'', the ''standards bodies'' that develop and maintain core protocols, networking and routing software, the operating systems that power routers, modems and servers, a mix of public and private physical infrastructure, and ''laws'' that protect access and use.
 Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. deploying efforts for maintenance, replenishing, developing, sometimes contributions in cash) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded.

@@ Line 1: / Line 1: @@
 A form of [[property]].
 Is a good that is both '''non-excludable''' and '''non-rivalrous'''.
-A [[commons good]] is a such as wild fish stocks in the ocean, which is '''non-excludable''' but '''rivalrous''' to a certain degree. If too many fish were harvested, the stocks would deplete, limiting the access of fish for others.
+Best example in this context is the Internet, a basket of open source software technologies, a mix of public and private physical infrastructure with laws that protect access and use.
-Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.
+Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. deploying efforts for maintenance, replenishing, developing, sometimes contributions in cash) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded.
-Like with [[commons]] public goods require governance. They are usually managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[Nondominium]] goods, which do not require protection from any institution.
+Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.
 [[Bitcoin]] is a [[Nondominium]] form of property. The network (not individual mining computers), which offers the service, is not private property (it is not subject to the will of one or a group of individuals) and it is not public property (it does not need the protection of the state to exist and the stake cannot kill it).

← Older revision		Revision as of 01:01, 13 April 2022
Line 1:		Line 1:
		+	A form of [[property]].
		+
	Is a good that is both '''non-excludable''' and '''non-rivalrous'''.		Is a good that is both '''non-excludable''' and '''non-rivalrous'''.

← Older revision		Revision as of 23:04, 2 March 2022
Line 5:		Line 5:
	Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.		Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.

−	Like with [[commons]] public goods require governance. ~~they~~ are ~~usualy~~ managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[Nondominium]] goods, which do not require protection from any institution.	+	Like with [[commons]] public goods require governance. They are usually managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[Nondominium]] goods, which do not require protection from any institution.
		+	[[Bitcoin]] is a [[Nondominium]] form of property. The network (not individual mining computers), which offers the service, is not private property (it is not subject to the will of one or a group of individuals) and it is not public property (it does not need the protection of the state to exist and the stake cannot kill it).

← Older revision		Revision as of 22:59, 2 March 2022
Line 5:		Line 5:
	Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.		Public goods problems are often closely related to the "free-rider" problem, in which people not contributing (ex. paying or other) for the good may continue to access it. Thus, the good may be under-produced, overused or degraded. Public goods may also become subject to restrictions on access and may then be considered to be club goods; exclusion mechanisms include toll roads, congestion pricing, and pay television with an encoded signal that can be decrypted only by paid subscribers.

−	Like with [[commons]] public goods require governance. they are usualy managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[~~nondominum~~]] goods, which do not require protection from any institution.	+	Like with [[commons]] public goods require governance. they are usualy managed by public institutions, such as governments (local, regional, national or even international). This is in stark difference from [[Nondominium]] goods, which do not require protection from any institution.