Chalk Talk: Tragedy of the Commons Part 2

The tragedy of the commons says that self interest and competition can cause people to ruin a shared resource.  If people ruin what they share, sometimes the best avenue is to have them not share.  Research supported by the National Science Foundation has shown that privatization, cooperation, and regulation can all work to protect commons, but only if proper enforcement exists.

Provided by the National Science Foundation

Runtime: 1:28

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