Economics A Level: What does 'Tragedy of the Commons' Mean?

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What does 'Tragedy of the Commons' Mean?

go kys · Accepted Answer

-An Idea that says People, acting in a Maximising Behaviour, will Overuse a Common Resource without caring for the Depletion of the Resource, or the Degradation

Economics A Level

What does 'Tragedy of the Commons' Mean?

-An Idea that says People, acting in a Maximising Behaviour, will Overuse a Common Resource without caring for the Depletion of the Resource, or the Degradation

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