Beyond Public and Private
Beyond Public and Private
Expanding the 2x2: Beyond Public and Private
https://gyazo.com/ab7d13bb2cc9e46965e9277f47428271
Talking about how the dichotomy in the public goods debate is actually a false dichotomy with no clear boundaries The classic 2x2 classification of goods, pioneered by Paul Samuelson and extended by Vincent and Elinor Ostrom ... It assumes two classifications: excludability (can an individual be prevented from consuming it) and competitiveness (does consumption by one individual reduce the opportunities available to other individuals). ... Most resources go from private to public. Even private goods may be shared with family and friends or have small positive externalities (e.g., furniture in a communal house). Most public goods (i.e. goods or services such as parks or highways) are semi-excludable due to geographic conditions or access (e.g. lighthouses, fire stations, parks). These, along with most club goods, are also semi-competitive through depletion, congestion, and exhaustion (e.g., roads, trails, library books, golf courses). It came up in this discussion.
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