climate change

climate change

The Tragedy of the Commons Explained

32m ago
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The Tragedy of the commons can partially describe why people don't work together and conserve certain resources. If nobody owns the resource and everyone is allowed to use it, or because of the scope of the resource people don't have power over others, then people just use it as much as they want. It's basically just found money. Just use it as much as you can before someone else does or you will miss out on the bounty. But if people are able to organize private property rights or work together through communal ownership then they can use the resource for longer. The Tragedy of the commons works for both extracting resources like trees and fish and sink resources like clean air, clean land, and clean water and is affected by pollution. The incentives in the Tragedy of the Commons is similar to the Prisoner's Dilemma http://www.youtube.com/watch?v=aX9er01G-BU Usually people think to give control over to the government when a resource has an open access problem. But the government isn't necessarily better equipped to handle these problems. Usually those who rely on and are close to a resource can judge how much resource is available and how best to distribute it better than some central authority far away. Link Dump When a community works together successfully: " Allan Savory: How to green the world's deserts and reverse climate change" http://www.youtube.com/watch?v=vpTHi7O66pI Wikipedia Tragedy of the commons http://en.wikipedia.org/wiki/Tragedy_of_the_commons Facebook http://www.facebook.com/pages/This-Place/491691427553939 Google + https://plus.google.com/102387707688697924819/videos Website http://www.thisplaceblog.com/ References Harding, Garrett. 1968. The Tragedy of the Commons. Science. 13 (162) p.1243-1248. http://dieoff.org/page95.htm Ostrom, Elinor. 1990. Governing the Commons. New York: Cambridge University Press.