🔍 🇺🇸 **Tragedy of the commons**
🔗 https://en.wikipedia.org/wiki/Tragedy_of_the_commons
The tragedy of the commons is the concept that, in a system where individuals benefit from the use of a resource, while at the same time they only share in part of the cost of that use, it is rational for individuals to overuse the resource, even though collectively this will likely lead to the depletion of the resource. The concept has been widely discussed and criticized in economics, ecology, and other sciences....