costlessness
Costlessness is the property of an action, decision, or outcome that incurs no expense or loss to the actor or other relevant parties. In everyday speech, something that is costless is free of price, but the term also encompasses implicit costs such as time, effort, or foregone alternatives. In theoretical models, a costless choice is one with zero opportunity cost, meaning choosing it cannot cause a trade-off against other options.
Economics distinguishes explicit costs (outlays of money) from implicit or opportunity costs (the next-best alternative foregone).
In information economics and computer science, the term occurs with digital goods or processes that have negligible
Ethical and policy discussions may consider costlessness in relation to externalities, public goods, or subsidies. A