De Facto Standard
A de facto standard is a custom, convention, product, or system that has achieved a dominant position by public acceptance or market forces (such as early entrance to the market). De facto is a Latin phrase meaning "concerning the fact" or "in practice".
The term "de facto standard" is used in contrast with obligatory standards (also known as "de jure standards"); or to express the dominant voluntary standard, when there is more than one standard available for the same use.
In social sciences, a voluntary standard that is also a de facto standard is a typical solution to a coordination problem. The choice of a de facto standard is the better choice for situations in which all parties can realize mutual gains, but only by making mutually consistent decisions. In contrast, an enforced "de jure standard" is a solution to the prisoner's problem.
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Famous quotes containing the word standard:
“Any honest examination of the national life proves how far we are from the standard of human freedom with which we began. The recovery of this standard demands of everyone who loves this country a hard look at himself, for the greatest achievments must begin somewhere, and they always begin with the person. If we are not capable of this examination, we may yet become one of the most distinguished and monumental failures in the history of nations.”
—James Baldwin (1924–1987)