12 lines
664 B
Markdown
12 lines
664 B
Markdown
# Public Goods Problem
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A problem in economics where a collective good or service must be sustained by [mutualization](mutualization.md) of funds across different parties with different incentives while maintaining access.
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* National defence is a public good.
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* Open source software is a public good.
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* City parks are a public good.
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See also [free rider problem](free-rider-problem.md).
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## References
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1. Oakland, William H. "Theory of public goods." In Handbook of public economics, vol. 2, pp. 485-535. Elsevier, 1987.
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1. Stiglitz, Joseph E. "The theory of local public goods." In The economics of public services, pp. 274-333. Palgrave Macmillan, London, 1977. |