Tinder's Gini coefficient is 0.58, meaning "it has higher inequality than 95% [of] the world's national economies"pic.twitter.com/hPx9ANR0Kz
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Thank you. The concept of human attention as a commons is actually the subject of 1984, and the ideological core of totalitarianism.
Agreed. To even call it a good is weird. But it’s definitely rivalrous and excludable, right? Making it a private good.
The commons model seems useful and predictive to me. In the original example, you scramble your cow to the commons first to over-graze it before everyone else does - a wealth-destroying Nash equilibrium. 1/4
Similarly, media organizations scramble to get a story out first, even though it'll be inaccurate, because if they don't, someone else will. You could make better use of that attention, but not if someone else gets it first. 2/4
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