Tragedy of the commons - Wikipedia
The tragedy of the commons is the concept that, if many people enjoy unfettered access to a finite, valuable resource, such as a pasture, they will tend to overuse it and may end up destroying its value altogether.
Tragedy of the Commons: Examples & Solutions | HBS Online
2019年2月6日 · What Is the Tragedy of the Commons? The tragedy of the commons refers to a situation in which individuals with access to a public resource—also called a common—act in their own interest and, in doing so, ultimately deplete the resource. This economic theory was conceptualized in 1833 by British writer William Forster Lloyd.
What Is the Tragedy of the Commons in Economics? - Investopedia
2023年9月25日 · The tragedy of the commons is an economic theory claiming that individuals tend to exploit shared resources so that demand outweighs supply, and it becomes …
tragedy of the commons - Encyclopedia Britannica
2025年1月16日 · Tragedy of the commons, concept highlighting the conflict between individual and collective rationality. The idea of the tragedy of the commons was made popular by the American ecologist Garrett Hardin, who used the analogy of …
26 Tragedy of the Commons Examples - Helpful Professor
2023年10月26日 · The tragedy of the commons is a situation where individuals, who have open access to a resource unregulated by the state, act in their own self-interest contrary to the common good.
Tragedy of the Commons - Economics Help.org
2016年10月28日 · The tragedy of the commons is a situation where there is overconsumption of a particular product/service because rational individual decisions lead to an outcome that is damaging to the overall social welfare.
Explainer: What Is the ‘Tragedy of the Commons’? - Earth.Org
2021年9月5日 · First posited in 1968 by American ecologist Garret Hardin, the Tragedy of the Commons describes a situation where shared environmental resources are overused and …
Understanding the Tragedy of the Commons with Examples
2023年5月8日 · The tragedy of the commons is a classic problem in economics that highlights the negative consequences of unchecked human behaviour. It explains the conflict between individual interests and the collective good, leading to the overuse of …
Tragedy of the Commons - Clemson University
The Tragedy of the Commons is the social dilemma involving the exploitation of common resources because these resources are shared and human beings act in self interest.
Tragedy of the Commons - Econlib
An unmanaged commons in a world of limited material wealth and unlimited desires inevitably ends in ruin. Inevitability justifies the epithet “tragedy,” which I introduced in 1968.