The tragedy of the commons arises in situations where
A)individuals place no value on the resources of the community
B)individuals seek to maximize their personal gains
C)the behavior of a single individual has no effect on the community's resources
D)all of the above

Question

Quizplus · Accepted Answer

The tragedy of the commons is a situation where individuals seek to maximize their personal gains, often at the expense of the common good. This can result in the depletion or destruction of a shared resource that is vital to the community's well-being. It is often caused by a lack of regulation or enforcement mechanisms to prevent overuse or abuse of the resource. While it is possible that individuals might not place value on the resources of the community or that the behavior of a single individual may have no effect on the community's resources, the heart of the tragedy of the commons is the pursuit of personal gain above the common good.

The Tragedy of the Commons Arises in Situations Where