Hacker News new | past | comments | ask | show | jobs | submit login

Externalities is a concept in economic theory. It shows how net negative behaviour occurs, even when all actors act perfectly rational and have perfect information (while optimizing for their own gain). Bad software does simply not map to this concept in the same way environmental damage does. In your example people use bad software, against their interest, despite better alternatives.



Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: