What Does the Tragedy of the Commons Refer To

What does the tragedy of the commons refer to?

A) The situation in which too many people live in a shared region
B) The situation in which each individual acts according to his or her individual interest, resulting in a collective disaster
C) The situation in which people try to work together to solve problems, but don't always succeed
D) The situation in which developing countries allow exploitation of natural resources by transnational corporations