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Tragedy of the commons explains resource depletion when individual interests overshadow collective needs. Exploitation examples include Amazon deforestation and fast fashion harming global ecosystems.
This regulation vacuum is leading to a "tragedy of the commons" situation, according to Baker. "Stated simply, the tragedy of the commons is that individuals acting rationally and individually ...
I teach undergraduate psychology courses at the University of Maryland, and my classes draw students with ... describing what he called “the tragedy of the commons.” Hardin said that when ...
Hardin argued that, when there is unchecked access to a shared but finite resource, individuals will put their self-interest ahead of the common good and thus create a ‘tragedy of the commons.’ ...