POSC 396 Lecture Notes - Lecture 10: Private Good, Excludability, Free Trade
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However, you can be prevented from using it. Eg. cable tv: common goods: you can"t prevent people from using i but my consumption of the good prevents you from using it (traffic, labs at. The commons can only support so many demands. Good for short term, not long term. Can be solved by privatizing the public food into a private good. Coordination: decide on an outcome that will effectively deal with the problem, enforcement. We have to enforce it, create retaliation for defectors: the prisoners dilmemma, eg.
