Re:Stranded sailor allowed to leave abandoned ship after fou...
by protoman3000 on Thursday April 22, 2021 @06:39PM
(#26908988)
Ultimately it’s a tragedy of commons situation and in these instances the only solutions are rigorous regulation or internalization of the costs of externalities. Both won’t happen, because the politics behind it are also a tragedy of commons.
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Re:Stranded sailor allowed to leave abandoned ship after fou...
by dredmorbius on Friday April 23, 2021 @03:31PM
(#26918292)
Nit on economic dynamics: more a Greesham's Law circumstance (bad or no regulation drives out good) than a tragedy of the commons (uncontained resource allocation leads to global overuse).
They're similar, but have some significant and relevant distinctions.
Re:Stranded sailor allowed to leave abandoned ship after fou...
by protoman3000 on Saturday April 24, 2021 @05:05AM
(#26923472)
I knew Greshams law in scope of bad money driving out good money. Can you please elaborate more?
Re:Stranded sailor allowed to leave abandoned ship after fou...
by dredmorbius on Saturday April 24, 2021 @05:09AM
(#26923487)