3 ms·
I mean, have you ever heard of tragedy of the commons? 1) All people share one atmosphere 2) Well-reviewed science shows that individual decisions like taking
by RC_ITR 5y ago
I mean, have you ever heard of tragedy of the commons?
1) All people share one atmosphere
2) Well-reviewed science shows that individual decisions like taking a flight make the atmosphere less hospitable for all.
That type of problem is literally the reason the term externality was coined.