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Cyberspace: Global Public Goods?

Author

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  • Gabriela Žáková

Abstract

Cyberspace has become an indispensable part of our everyday lives. Due to the Internet of Things, it has permeated the whole of society. Nevertheless, cyberspace on its own still tends to be neglected in academia, especially in social sciences. This article aims to contribute to the debate over whether cyberspace may be labelled as global public goods. First, the essential economic theories dealing with public goods are presented forming a solid basis for the subsequent analysis and stating the basic conditions for the evaluation of cyberspace as global public goods. Second, a basic cyberspace model is introduced dividing it into three different layers - the physical layer, the application level, and the level of information. Third, an analysis is conducted testing each layer for the legitimacy of global public goods categorisation. Fourth, a final synthesis provides the answer to the question of whether cyberspace can be categorised as global public goods. Based on the findings in the analytical part of this paper, it has been concluded that cyberspace may be, although with several reservations, categorised as global public goods.

Suggested Citation

  • Gabriela Žáková, 2018. "Cyberspace: Global Public Goods?," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2018(2), pages 68-82.
    • Handle: RePEc:prg:jnlaop:v:2018:y:2018:i:2:id:602:p:68-82
    DOI: 10.18267/j.aop.602
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    References listed on IDEAS

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    1. Chichilnisky,Graciela (ed.), 1999. "Markets, Information and Uncertainty," Cambridge Books, Cambridge University Press, number 9780521553551, November.
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    5. Brousseau, Eric & Dedeurwaerdere, Tom & Siebenhüner, Bernd (ed.), 2012. "Reflexive Governance for Global Public Goods," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262017245, December.
    6. Daniel Bodansky, 2013. "The who, what, and wherefore of geoengineering governance," Climatic Change, Springer, vol. 121(3), pages 539-551, December.
    7. Hirshleifer, Jack, 1971. "The Private and Social Value of Information and the Reward to Inventive Activity," American Economic Review, American Economic Association, vol. 61(4), pages 561-574, September.
    8. Todd Sandler & John Tschirhart, 1997. "Club theory: Thirty years later," Public Choice, Springer, vol. 93(3), pages 335-355, December.
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    10. Brousseau, Eric & Dedeurwaerdere, Tom & Siebenhüner, Bernd (ed.), 2012. "Reflexive Governance for Global Public Goods," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262516985, December.
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    More about this item

    Keywords

    cyberspace; global public goods; impure public goods; Internet; information; technology; communication; Internet of Things;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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