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  2. en.wikipedia.org › wiki › Tragedy_of_the_commonsTragedy of the commons - Wikipedia

    Tragedy of the commons. is one of the consequences of operators ignoring their effect on the shared environment. The tragedy of the commons is a metaphoric label for a concept that is widely discussed, and criticised, in economics, ecology and other sciences.

  3. www.investopedia.com › terms › tWhat Is the Tragedy of the Commons in Economics? - Investopedia

    Sep 25, 2023 · The tragedy of the commons is an economic problem where individuals exploit shared resources so that demand outweighs supply. Learn the theory, history, and examples of this phenomenon, and how it can be prevented by regulation, property rights, or collective action.

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  5. www.britannica.com › science › tragedy-of-the-commonstragedy of the commons - Encyclopedia Britannica

    May 22, 2024 · Learn about the concept of the tragedy of the commons, which highlights the conflict between individual and collective rationality in shared resources. Explore the challenges and solutions for managing common-pool resources, such as forests, water, and minerals.

  6. online.hbs.edu › blog › postTragedy of the Commons: Examples & Solutions | HBS Online

    Feb 6, 2019 · Learn what the tragedy of the commons is and how it affects the environment and society. Explore five real-world examples and possible ways to avoid this problem of overconsumption and depletion of public resources.

  7. earth.org › what-is-tragedy-of-the-commonsExplainer: What Is the Tragedy of the Commons? | Earth.Org

    Sep 5, 2021 · Learn how the Tragedy of the Commons describes a situation where shared environmental resources are overused and exploited, and eventually depleted, posing risks to everyone involved. See examples of pollution, overfishing, Covid-19, and climate change as cases of the Tragedy of the Commons.

  8. www.khanacademy.org › v › tragedy-of-the-commonsTragedy of the commons (video) | Khan Academy

    Learn how individuals overuse a shared resource for personal gain, leading to depletion, and how permits can limit resource use and ensure sustainability. Watch a video and read comments on the tragedy of the commons concept and its applications to various resources.

    • 7 min
    • Sal Khan

  9. corporatefinanceinstitute.com › resourcesTragedy of the Commons - Overview, History, and Practical Example

    Learn what the tragedy of the commons is, how it was first introduced by William Forster Lloyd, and how it applies to global warming. The tragedy of the commons is an economic theory that explains how individuals or groups overuse shared resources for their own benefit, causing harm to others and the environment.

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