Tragedy of the Commons
A term referring to the theory that, when a group of people collectively own a resource, individuals acting in their personal self-interest will inevitably overtax and destroy...
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Tragedy of the Commons
The term tragedy of the commons was coined by Garrett Hardin who hypothesized in 1968 that, as the size of the human population increased, there would be mounting pressures on r...
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Garrett Hardin developed the concept of the Tragedy of the Commons. The basic concept is a giant pasture that is for everyone to have a piece of land and for the herdsman to have as many cattle a poss...
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Tragedy of the Commons
Tragedy of the Commons
