https://www.youtube.com/watch?v=jT3riInwd5c Divya Siddarth
[[Limitations of traditional classification of economic goods]] - Classification of public goods, commons, private goods, and club goods is at variance with reality - Attributes of goods are not fixed, but a matter of choice (e.g., transition from commons to private goods through privatization) - The [[excludability]] of goods is a matter of cost (e.g., excludability of PDFs through DRM) - Exclusivity should be kept as low as possible to maintain maximum incremental yieldThe concept of [anti-rival goods
- Goods whose value increases the more they are used (open sources, ideas, institutions, etc.)
- Anti-rivalry is systemic, with some elements of rivalry in individual cases (e.g., language, traffic signals)
- In anti-rival goods, benefits increase with the degree of sharing
- To make the system anti-rivalry, we need to strategically consider the balance of exclusivity.
anti-rivalry financing and governance.
- data governance (input to AI): balance between exclusionary and anti-rivalry through data cooperative and [corelations
- Internet Protocol: New protocols and standards need to be established to enable positive-sum networks.
- Anti-rivalry approaches are also useful in areas such as local journalism, [transportation networks
Importance of [collective knowledge mechanism - Implement collective knowledge mechanisms to ensure alignment between decision-makers and affected parties
- Obtain feedback from stakeholders (citizens, institutions, businesses, etc.) to determine the appropriate balance
Overcoming the private dichotomy (private is a false dichotomy)
- Need to view goods as a network and create mechanisms to create positive-sum externalitiesNetwork goods
- In the case of public goods (i.e. goods or services such as parks or highways), the democratically accountable state is responsible for the checking function, but in other cases checking by stakeholders is essential
- Corporate governance structures also need to incorporate internalization of externalities mechanisms (e.g., assessment of labor market impacts)
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