Ideas about shared resources, including the tragedy of the commons and the commons themselves. A concept belongs here when its cited article describes shared resource use. The group brings together the entries filed under the heading Commons and Resource Concepts, so a reader can compare them and move from one to another within the same part of the economic field. Each entry in the group links to its own article with its sources and related entries.
All Commons and Resource Concepts
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Tragedy of the commons (Wikipedia)
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The tragedy of the commons is the idea that when a resource is shared and can benefit the individual at a cost to the community, it is rational for the individual to overuse the resource, even though this collectively leads to the depletion of the resource for everyone.
Commons (Wikipedia)
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The commons are the cultural and natural resources accessible to all members of a society, including natural materials such as air, water, and a habitable Earth.
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