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Alexis Michelle
on Nov 17, 2024

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In the Tragedy of the Commons, joint action among the individual citizens would be necessary to solve their common resource problem unless the government intervenes.

Tragedy of the Commons

A situation where individuals, acting independently according to their own self-interest, deplete or spoil shared resources, leading to long-term negative outcomes for the whole community.

Joint Action

Refers to the collaborative efforts or initiatives taken by groups or entities to achieve a common goal.

Common Resource

A type of good that is non-excludable and rivalrous, meaning it is difficult to prevent anyone from using it, but one person's use diminishes the quantity or quality available to others.

  • Judge the efficacy of various strategies in the management of the consumption of shared resources and the protection of collective benefits.
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Suljon MyshqeriNov 17, 2024
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