Tragedy of the commons - Wikipedia, the free encyclopedia
Tragedy of the commons - Wikipedia, the free encyclopedia
The tragedy of the commons is a type of social trap that involves a conflict over resources between individual interests and the common good. The term derives originally from a parable published by William Forster Lloyd in his 1833 book on population. It was then popularized and extended by Garrett Hardin in his 1968 Science essay “The Tragedy of the Commons”.[1] However, the theory itself is as old as Aristotle who said: “That which is common to the greatest number has the least care bestowed upon it”.
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