Tragedy of the anticommons facts for kids
The tragedy of the anticommons is a new phrase invention of Michael Heller. It says, that things can go bad if too many people have rights on a shared thing. It is related to the phrase tragedy of the commons, which says that things can go bad if not enough people have rights. It is a general phrase for problems like patent thickets, submarine patents, nail houses, and more red tapes. It is difficult to find solutions, but some of them are eminent domain, Laches, patent pools or other agreements on rights and copyrights.
- Tragedy of the commons
- Market failure
- Network effects
- Rivalry (economics)
Tragedy of the anticommons is one of four outcomes:
|Property rights||Common ownership or lack of property rights|
|Bad outcome/tragedy||Tragedy of the anticommons||Tragedy of the commons|
|Good outcome/cornucopia||normal case||Inverse commons|
The prevalent outcome depends on the details of the situation.
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Tragedy of the anticommons Facts for Kids. Kiddle Encyclopedia.