These peaches aren't ripe.
Not yet anyways, but I'm eating one anyways.
Cause why not? It's still pretty good.
These peaches are put out at work for anyone to eat when they please. There aren't ALWAYS peaches, but in the summer time there are frequently. And these peaches get taken quickly.
This means that I have little to no incentive to leave them and wait for them to ripen. If I do wait they're likely to be gone by the time they're ripe. I could take one and let it sit by my desk, but then I run the risk of forgetting about it and letting it rot.
The quality of these peaches is that they are here, right now, to be eaten, even if they're subprime.
Is there an economic principle that explains this behavior?
It's not the Problem of the Commons, I know that. That's the explanation for when I eat too many free peaches and have a stomach ache while others are left without peaches to enjoy.
Thoughts or suggestions? Chime in please...
