When individuals act in their own personal best interest, doing nothing due to the time involved, and hope that other individuals will band together to solve a problem that they all
Face, it is referred to as

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This is known as the tragedy of the commons, where individuals do not take action to preserve a shared resource because they believe that others will take up the responsibility. This can lead to the depletion or degradation of the resource, which ultimately harms everyone involved. This scenario is a classic example of the tragedy of the commons, where everyone acting in their own self-interest leads to the depletion or deterioration of a shared resource. In this case, the shared resource is the problem that needs solving, and individuals are hoping others will take action instead of taking action themselves.

When Individuals Act in Their Own Personal Best Interest, Doing