Tragedy of the Commons Essay Examples and Topics

 There is a common understanding that whenever many individuals have access to and use a certain resource, there will undoubtedly be deterioration of this resource (Hardin 1968). The dire consequence of the over-usage of common resources has been coined, the tragedy of the commons. A…

The problem of the Common Pool Resources (here after CPR), all member of the community jointly owns this resource, all the equal rights over the resources. The economic features of the common pool resources are rival by competitive and non-excludable (Professor XU Jintao Microeconomics &…

The terribleness of the hotel is a monetary issue in which each different endeavors to get the best prize from a given resource. As the enthusiasm for the benefit stifles the supply, every individual who eats up an additional unit lawfully harms other individuals who…

Open access public pool resources refer to resources generated or existing naturally, which can provide natural materials and conditions for human survival, development and enjoyment. The ownership of these resources is shared by all members of society. The commons is a relative, not an absolute….

Abstract The tragedy of commons happens where overused the natural resources due to it is common. Each user is stimulated to maximize his or her utilization without considering the others and the consequence of the over exploitation. As the result of this, resources degradation will…