karl taylor

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from two linked problems, one of overuse and another of underprovision. On the demand side, the commons situation encourages a race to the bottom by overuse — what economists call a congested-public-good problem. On the supply side, the commons rewards free-rider behavior — removing or diminishing incentives for individual actors to invest in developing more pasturage.
The Cathedral & the Bazaar: Musings on Linux and Open Source by an Accidental Revolutionary
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