What happens in the example of the "Tragedy of the Commons"?
A) A shared resource is depleted by individuals who maximize their own gains.
B) An abundant resource is lost because it is not very valuable.
C) Individuals are not allowed to use a public resource.
D) One person ruins a shared resource by refusing to cooperate.

Question

Quizplus · Accepted Answer

In the "Tragedy of the Commons," individuals act in their own self-interest to maximize personal gain, leading to the depletion of a shared resource.

What Happens in the Example of the "Tragedy of the Commons