A "tragedy of the commons" is essentially a prisoner's dilemma involving a common resource.

Name: A "tragedy of the commons" is essentially a prisoner's dilemma involving a common resource.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

A tragedy of the commons occurs when individuals consume a common resource to their own benefit, but to the detriment of everyone as a whole. It is similar to a prisoner's dilemma because each person has an incentive to consume more than their fair share, leading to a depletion of the resource.

A "Tragedy of the Commons" Is Essentially a Prisoner's Dilemma