tragedy of the commons
The tragedy of the commons is a situation where shared resources are overexploited or depleted due to the lack of individual responsibility, leading to a loss for all users in the long run.
Requires login.
Related Concepts (21)
- air pollution and carbon emissions
- climate change and its impacts
- common-pool resources
- deforestation and loss of habitats
- depletion of natural resources
- extinction of endangered species
- free rider problem
- free-rider problem
- industrial pollution and toxic waste
- market failure
- mismanagement of public funds and corruption
- nash equilibrium
- overconsumption and waste generation
- overfishing in the world's oceans
- overpopulation and strain on resources
- public goods provision
- soil erosion and depletion
- traffic congestion and vehicle emissions
- unsustainable agriculture and overuse of pesticides
- urban sprawl and loss of green spaces
- water scarcity and pollution
Similar Concepts
- catastrophe theory
- catastrophic climate change
- catastrophic collapse of ecosystems
- catastrophic environmental damage
- catastrophic natural disasters
- catastrophic tipping points
- dilemma of collective action
- exploitation of shared resources
- global commons
- law of conservation of resources
- loss of community
- overexploitation
- overfishing
- social dilemmas
- urban commons