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About: Tragedy of the Commons

Module by: Amy Ando. E-mail the author

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Name: Tragedy of the Commons
ID: m38612
Language: English (en)
Summary: In this module, the way economists think about whether an outcome is good is explored and some of the features of natural resources and environmental quality that often trigger problematic human behaviors related to the environment are described.
Subject: Science and Technology
Keywords: Common Pool Resource, Cost-Effective, Deadweight Loss, Efficient, Environmental Sustainability, Externalities (Positive and, Free Rider, Marginal Benefit, Marginal Cost, Market failure, Negative), Net Benefits, Public Good, Welfare
License: Creative Commons Attribution License CC-BY 3.0

Authors: Amy Ando (tgilles@uillinois.edu)
Copyright Holders: U of I Open Source Textbook Initiative (tgilles@uillinois.edu)
Maintainers: U of I Open Source Textbook Initiative (tgilles@uillinois.edu)

Latest version: 1.6 (history)
First publication date: Jul 6, 2011 12:07 pm -0500
Last revision to module: Mar 18, 2012 7:27 pm -0500

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Version History

Version: 1.6 Mar 18, 2012 7:27 pm -0500 by U of I Open Source Textbook Initiative
Changes:
1) Fix Figure 6.3: Negative Externality: Smog 2) Fix capitalization of glossary terms (MWL)

Version: 1.5 Jan 18, 2012 8:42 am -0600 by U of I Open Source Textbook Initiative
Changes:
Added Google Analytics tracking code

Version: 1.4 Jan 16, 2012 5:37 pm -0600 by U of I Open Source Textbook Initiative
Changes:
1) Remove number from title; 2) fix headings; 3) Remove numbers from Figure Captions; 4) bold "Figure" in content; 5) Fix titles of Figures; 6) Fix links to Figures (mwl)

Version: 1.3 Sep 16, 2011 5:16 pm -0500 by U of I Open Source Textbook Initiative
Changes:
version 2 edits applied (graphs, etc) (mwl)

Version: 1.2 Sep 9, 2011 8:10 pm -0500 by U of I Open Source Textbook Initiative
Changes:
new images, many edits (mwl)

Version: 1.1 Jul 6, 2011 1:33 pm -0500 by U of I Open Source Textbook Initiative
Changes:
initial publication (mwl)

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American Chemical Society (ACS) Style Guide:

Ando, A. Tragedy of the Commons, OpenStax_CNX Web site. http://cnx.org/content/m38612/1.6/, Mar 18, 2012.

American Medical Assocation (AMA) Manual of Style:

Ando A. Tragedy of the Commons [OpenStax_CNX Web site]. March 18, 2012. Available at: http://cnx.org/content/m38612/1.6/.

American Psychological Assocation (APA) Publication Manual:

Ando, A. (2012, March 18). Tragedy of the Commons. Retrieved from the OpenStax_CNX Web site: http://cnx.org/content/m38612/1.6/

Chicago Manual of Style (Bibliography):

Ando, Amy. "Tragedy of the Commons." OpenStax_CNX. March 18, 2012. http://cnx.org/content/m38612/1.6/.

Chicago Manual of Style (Note):

Amy Ando, "Tragedy of the Commons," OpenStax_CNX, March 18, 2012, http://cnx.org/content/m38612/1.6/.

Chicago Manual of Style (Reference, in Author-Date style):

Ando, A. 2012. Tragedy of the Commons. OpenStax_CNX, March 18, 2012. http://cnx.org/content/m38612/1.6/.

Modern Languages Association (MLA) Style Manual:

Ando, Amy. Tragedy of the Commons. OpenStax_CNX. 18 Mar. 2012 <http://cnx.org/content/m38612/1.6/>.