1. The Tragedy of the Commons
... personal goals. The idea of the tragedy of the commons, game theory, and the problem of collective action combined can be useful in understanding politics as a whole. The tragedy of the commons was first published in 1968, and since then it has been applied to social, economic, and political situations. Garrett Hardin originally put forth a metaphor to explain this idea. A pasture land represented a common resource, open for anyone to use, and not ... owned by anyone in particular. The herdsmen had no limit as to how many ... ...
- Word Count: 1485
- Approx Pages: 6
- Grade Level: Undergraduate