Collective wisdom
The combination of all of the individual opinions about a stock's or security's value. |
Similar financial terms
Public goods (collective goods)These are a distinctive class of goods which cannot practically be withheld from one consumer without withholding them from all (the "nonexcludability criterion") and for which the marginal cost of an additional person consuming them, once they have been produced, is zero (the "nonrivalrous consumption" criterion).
The classic example of a nearly pure public good is national defense: you cannot defend the vulnerable border regions of a country from the ravages of foreign invaders witho ...
