News for hackers. Stuff that matters.
Re:When thebiglebow.ski is blocked by Facebook by phobosanomaly on Tuesday October 13, 2020 @01:17PM (#24767595)
On man, if an economist saw this they would be rubbing their hands together like Sylvester the Cat finding Tweety bound-and-gagged and covered in BBQ sauce. You'd have to flee before they locked the door and started pulling out chalk and graphs and a STATA license code from their economist's trenchcoat.

https://en.wikipedia.org/wiki/Collective_action_problem

"A collective action problem or social dilemma is a situation in which all individuals would be better off cooperating but fail to do so because of conflicting interests between individuals that discourage joint action. The collective action problem has been addressed in political philosophy for centuries, but was most clearly established in 1965 in Mancur Olson's The Logic of Collective Action.

Problems arise when too many group members choose to pursue individual profit and immediate satisfaction rather than behave in the group's best long-term interests. Social dilemmas can take many forms and are studied across disciplines such as psychology, economics, and political science. Examples of phenomena that can be explained using social dilemmas include resource depletion, low voter turnout, and overpopulation. The collective action problem can be understood through the analysis of game theory and the free-rider problem, which results from the provision of public goods. Additionally, the collective problem can be applied to numerous public policy concerns that countries across the world currently face."

The part of the wiki that deals with this specific problem (vehicles) is unfortunately broken for some reason, but, eh, we get the point.

Re:When thebiglebow.ski is blocked by Facebook by katmannthree on Tuesday October 13, 2020 @03:39PM (#24769426)
Terrific read, thank you. I'd be interested in seeing an economist's take on the viability and effectiveness of forcing industries to deal with their own externalities.
Re:When thebiglebow.ski is blocked by Facebook by phobosanomaly on Tuesday October 13, 2020 @03:43PM (#24769475)
If you run across anything, I would be super interested to take a look as well.