Tragedy of the commons
6:38
Khan AcademySal Khan
Tragedy of the commons
The "Tragedy of the Commons" occurs when individuals overuse a shared resource for personal gain, leading to depletion. In the video, overfishing in a public pond illustrates this concept. A solution is implementing a permitting system to limit resource use and ensure sustainability. This idea applies to various shared resources like grazing ...
Feb 1, 2012
Tragedy of the Commons Examples
The tragedy of the commons and the price of unchecked freedom What do overfishing, air pollution, and the messy office fridge have in common? They're all examples of the "Tragedy of the Commons," a powerful idea that explains how the pursuit of self-interest can deplete and degrade shared resources, harming everyone in the long run. This video explains a key concept that underlies many environmental, social, and economic issues and how rules and regulations can offer a path towards greater freed
2:41
The tragedy of the commons and the price of unchecked freedom What do overfishing, air pollution, and the messy office fridge have in common? They're all examples of the "Tragedy of the Commons," a powerful idea that explains how the pursuit of self-interest can deplete and degrade shared resources, harming everyone in the long run. This video explains a key concept that underlies many environmental, social, and economic issues and how rules and regulations can offer a path towards greater freed
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