All this time I was thinking that common-pool resources are common goods, until I read this excerpt from a book. It is an Excerpt from a book by Elinor Ostrom

  • $\begingroup$ Do "common goods", "collective goods" and "public goods" to refer to the same thing? $\endgroup$ – Herr K. Sep 1 '19 at 17:19

Common pool resources can be depleted by overuse.

For example, an area of communal grazing land would be a common pool resource because grazing too many animals decreases the amount of grass available to each animal.

Wikipedia is a common good but are not a common pool resource - reading a lot of articles on Wikipedia does not reduce the number of articles available for everyone else to read.

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  • $\begingroup$ Can Wikipedia be considered as a Common Good? According to theory I have come across, for something to be a public good it has to be non-excludable and non-rival. For example, sunshine. Can you exclude people from enjoying sunshine? Nope. No one can be excluded. Does sunshine have any rival, that if I am using it, someone else cannot use it? Nope. Anyone can use it. So, sunshine is non-rival and non-excludable. So, it is a public good. Same goes for Wikipedia as well, that no one can be excluded from using it, and if I use Wikipedia does not mean other person cannot use it. $\endgroup$ – Sands H. Rew Sep 2 '19 at 8:20

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