How does the tragedy of the commons relate to sustainability?

The commons is a term for shared resources in which each stakeholder has an equal interest. In 1968 a biologist named Hardin published an essay, The Tragedy of the Commons, in Science. read more

The tragedy of the commons develops in this way. Picture a pasture open to all. It is to be expected that each herdsman will try to keep as many cattle as possible on the commons. read more

The tragedy of the commons is an economic problem where each individual attempts to gain the greatest benefit from a given resource because he or she is acting solely out of self-interest, while disregarding the effects on society as a whole. read more