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- The tragedy of the commons refers to a situation in which individuals, acting independently and rationally according to their own self-interest, will ultimately deplete or destroy a shared resource, even when it is not in anyone's long-term interest for this to happen.
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May 4, 2021 · In December 1968, the ecologist and biologist Garrett Hardin had an essay published in the journal Science called ‘The Tragedy of the Commons’. His proposition was simple and unsparing: humans, when left to their own devices, compete with one another for resources until the resources run out.
The tragedy of the commons is the concept which states 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. Even if some users exercised voluntary restraint, the other users would merely supplant them, the predictable result ...
Sep 5, 2021 · The definition of the Tragedy of the Commons is an economic and environmental science problem where individuals have access to a shared resource and act in their own interest, at the expense of other individuals. This can result in overconsumption, underinvestment, and depletion of resources.
Sep 23, 2024 · 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 ranchers grazing their animals on a common field.
Oct 12, 2022 · But when it comes to shared resources, this competition can lead to a depletion of common goods and resources, resulting in a phenomenon known as the tragedy of the commons.
Sep 29, 2014 · Arguably, the most important outcome from Hardin’s article on the supposed tragedy of the commons is that it stimulated a large and important body of research on the commons from a diversity of disciplines, such as anthropology, sociology, geography, economics, ecology, and political science.
The tragedy of the commons refers to a situation in which individuals, acting independently and rationally according to their own self-interest, will ultimately deplete or destroy a shared resource, even when it is not in anyone's long-term interest for this to happen.
