Shared Consumption Revolutionizes Resource Allocation, Blurring Public-Private Divide
The article examines how sharing technologies can help allocate impure public goods in a fair way. By building on existing theories, the researchers suggest a new model to understand how goods can be shared efficiently. They show that public and private goods are just specific types of shared goods. The researchers also identify key conditions that need to be met for an allocation in a shared goods economy to be as good as possible for everyone involved.