web3/concepts/public-goods.md

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Public Goods

Public goods are goods which anyone can use and benefit from, not just those who contribute to the creation and/or upkeep of the good.

  • Public goods are non-excludable: anyone can use them.
  • Public goods are non-rival: one person's consumption of the good does not diminish another person's consumption of it.
Rival Non-Excludable Excludable
Yes Private goods Common-Pool Resources
No Club goods Public Goods

Examples of public goods:

  • National defence
  • Open source software
  • City parks
  • Lighthouses
  • Street lights

See Public Goods Problem