The ‘tragedy of the commons’ is very much exaggerated and misunderstood. It is 100% possible to collectively govern commons without a tragedy situation, and there are plenty of examples of it happening in real life. The economist Elinor Ostrom actually won a Nobe Prize in Economics for demonstrating this.
The ‘tragedy of the commons’ is very much exaggerated and misunderstood. It is 100% possible to collectively govern commons without a tragedy situation, and there are plenty of examples of it happening in real life. The economist Elinor Ostrom actually won a Nobe Prize in Economics for demonstrating this.
https://blogs.lse.ac.uk/lsereviewofbooks/2012/06/17/elinor-ostroms-work-on-governing-the-commons-an-appreciation/ https://aeon.co/essays/the-tragedy-of-the-commons-is-a-false-and-dangerous-myth