The tragedy of the commons is the absence of incentives to
A) correctly measure the marginal social benefit from a common resource.
B) prevent under use of the common resource.
C) prevent overuse and depletion of a common resource.
D) discover the common resource.

Question

Quizplus · Accepted Answer

The tragedy of the commons refers to the overuse and depletion of a common resource because individuals act in their own self-interest rather than considering the long-term sustainability of the resource.

The Tragedy of the Commons Is the Absence of Incentives