What causes the Tragedy of the Commons? (i) Social and private incentives differ.
(ii) Common resources are nonrival in consumption and nonexclusive.
(iii) Common resources are nonexclusive but rival in consumption.
A)(i) only
B)(ii) only
C)(i) and (ii) only
D)(i) and (iii) only

Question

What causes the Tragedy of the Commons? (i)	Social and private incentives differ.
(ii)	Common resources are nonrival in consumption and nonexclusive.
(iii)	Common resources are nonexclusive but rival in consumption.
A)(i) only
B)(ii) only
C)(i) and (ii) only
D)(i) and (iii) only

Quizplus · Accepted Answer

The Tragedy of the Commons occurs because common resources are nonexclusive but rival in consumption, leading individuals to overuse them, as their private incentives do not align with the social good.

What Causes the Tragedy of the Commons? (I) Social and Private