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The Tragedy of the Commons from a Game-Theoretic Perspective

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Type: Journal Article
Author: Diekert, Florian K.
Journal: Sustainability
Volume: 4
Page(s): 1776-1786
Date: 2012
URI: https://hdl.handle.net/10535/8771
Sector: General & Multiple Resources
Subject(s): tragedy of the commons
game theory
natural resources
Abstract: "Twenty years after the declarations from the Earth Summit in Rio, the world faces an unattenuated host of problems that threaten the goal of sustainable development. The challenge to cooperatively solve socio-ecological problems has been portrayed in Garrett Hardin’s essay 'The Tragedy of the Commons'. While this paper remains controversial, it has inspired a vast number of theoretical, experimental, and empirical contributions that have clarified the mechanisms of collective action problems and suggested ways to overcome these. This article reviews the recent game-theoretic research in this field."

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