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Tragedy of the commons (view source)

Revision as of 01:28, April 9, 2007

212 bytes added ,  01:28, April 9, 2007
New page: The problem of the commons refers to how a publicly available resource becomes run-down because no one has an incentive to maintain or improve it. An example of this problem is a public p...
The problem of the commons refers to how a publicly available resource becomes run-down because no one has an incentive to maintain or improve it. An example of this problem is a public park that becomes unsafe.
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