Limiting environmental control (heating and cooling)of personal houses in order to limit environmental consequences is an example of a:
A)collective action problem.
B)coordination game.
C)cooperation game.
D)strategic interaction.
E)principal-agent problem.

Question

Quizplus · Accepted Answer

Limiting environmental control of personal houses, while individually beneficial, requires collective action to have a significant impact on reducing environmental consequences. This is because the actions of one individual, in isolation, cannot have a significant effect on the environment. This creates a collective action problem, which requires cooperation among individuals to achieve a common goal.

Limiting Environmental Control (Heating and Cooling)of Personal Houses in Order