The tragedy of the commons -- minus the tragedy
Tuesday, November 27, 2018 - 16:20
in Mathematics & Economics
Sometimes, there is no 'tragedy' in the tragedy of the commons, according to a new analysis that challenges a widely accepted theory. In an analysis of eight case studies from around the world - from foragers in Australia to mangrove fishers in Ecuador -- researchers found that people can successfully share and sustainably use resources, under certain conditions.