JargonDatabase

Tragedy of the Commons

Oft-quoted, but often misunderstood truism that people look after property held in common (such as town squares) the same way one would drive a rental car.

See also Asymmetrical Information and Principal Agent Theory.

This bit of jargon has been viewed 8,185 times.

Blog Link Copy to Clipboard
What is this?

Return To Economics Jargon





Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com


Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory