What causes the Tragedy of the Commons? i) Social and private incentives differ.
Ii) Common resources are not rival in consumption and are not excludable.
Iii) Common resources are not excludable but are rival in consumption.
A) i) only
B) ii) only
C) i) and ii) only
D) i) and iii) only

Question

Quizplus · Accepted Answer

The Tragedy of the Commons occurs because common resources are rival in consumption but not excludable, leading to overuse as individuals act according to their own incentives rather than the common good.

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