entity · derived

Public goods

4 claims across 4 works, 2011–2021.

Derived node: assembled mechanically from the claims carrying public-goods. A roster, not an adjudicated definition.

Every claim under this term

1806252-014 2011 failure: Systemic risk and financial market stability are public goods, so individual banks free ride on other banks' hedge fund credit risk management and are not incentivized to adequately monitor or limit t
1998455-028 2012 definitional: Contingent capital securities approximate the characteristics of a quasi-public good: just as ships cannot readily be excluded from a lighthouse, systemically important institutions benefit from the i
3709041-020 2020 failure: Microdemocracies must confront the tragedy of the commons, because voters acting on self-interest independent of the totality of voters may, without controls, deplete or spoil shared resources such as
3808867-016 2021 failure: Microdemocratic systems must solve the tragedy of the commons, because without controls self interested voters acting independently of the totality of voters may deplete or spoil shared resources such