tragedy of the commons wikipedia - EAS
- This is a brief but dense summary from Wikipedia “The tragedy of the commons is a situation in which individual users, who have open access to a resource ... act independently according to their own self-interest and, contrary to the common good of all users, cause depletion of the resource through their uncoordinated action.”www.linkedin.com/pulse/public-utilities-tragedy-commons-leon-kehl
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In economics, the tragedy of the commons is a situation in which individual users, who have open access to a resource unhampered by shared social structures or formal rules that govern access and use, act independently according to their own self-interest and, contrary to the common good of … See more
Lloyd's pamphlet
In 1833, the English economist William Forster Lloyd published a pamphlet which included a hypothetical example of over-use of a common resource. This was the situation of cattle … See moreMetaphoric meaning
Like Lloyd and Thomas Malthus before him, Hardin was primarily interested in the problem of See moreThe commons dilemma is a specific class of social dilemma in which people's short-term selfish interests are at odds with long-term group interests and the common good. In academia, a range of related terminology has also been used as shorthand for the … See more
Hardin's work is criticised as historically inaccurate in failing to account for the demographic transition, and for failing to distinguish between common property and open access resources. In a similar vein, Carl Dahlman argues that commons were effectively managed … See more
More general examples (some alluded to by Hardin) of potential and actual tragedies include:
• Physical resources
• Human health See moreArticulating solutions to the tragedy of the commons is one of the main problems of political philosophy. In many situations, locals implement (often complex) social schemes that work … See more
In certain cases, exploiting a resource more may be a good thing. Carol M. Rose, in a 1986 article, discussed the concept of the "comedy of the … See more
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