Thank you for taking the time to explain. I think my initial confusion comes from conflating the "commons" and "new market without ownership." I don't think the

Thank you for taking the time to explain. I think my initial confusion comes from conflating the "commons" and "new market without ownership." I don't think they are necessarily the same in terms of the "tragedy of the commmons." I don't see why the "commons" has to have anything "new". Take the example of air pollution. The air is a common resource that people have access to without cost, but it's nothing new. So the predicate that "information in new markets is sparse" doesn't apply. >"Almost no organizations have the incentive to do the above" I would argue that collectives, like the government, have this incentive. Hence the need for regulation.