A term from economics. The opposite of a private good, like property. A public good is said to be NonExcludable, and NonRival.

The lack of a fence around the public good makes it very hard to charge for it. For this reason non-profit entities, like the ApacheSoftwareFoundation, often take responsiblity for the costs of creating public goods.

The nonrival nature of public goods tends to eliminate the need to compete for access to the good. That can make it much easier to cooperate in their provisioning.

The economic's liturature is full of stories of sad things around the edges of public goods.

PublicGood (last edited 2009-09-20 23:32:27 by localhost)