super modularity
[supermodularity
Beyond Public and Private URL
claude.iconSupermodularity (supermodularity) refers to a situation in which it is more efficient to provide a good or service en masse on a large scale than on an individual basis.
The main points are as follows
With the development of technology, more and more goods and services are becoming super-modular. This leads to increased efficiency, but also carries the risk of monopolies and private enclosures.
Super-modular goods go beyond the concept of public goods (i.e. goods or services such as parks or highways) to include private goods that are excludable but have economies of scale.
A combination of market mechanisms and public supply is necessary for the optimal supply of supermodular goods.
Excludability and contestability can change continuously. The nature of goods depends on how they are owned and used.
Supermodular goods often have anti-rival properties. The more users they have, the more valuable they become.
Potential applications include AI, Internet governance, carbon markets, etc.
In short, the authors argue that a collective knowledge approach combining public, private, and community-based decision-making mechanisms is promising for the efficient provision and democratic governance of supermodular goods.
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