The tragedy of the commons is a concept that describes a situation where individuals, acting in their self-interest, deplete or degrade a shared and finite resource, leading to collective harm or suboptimal outcomes for everyone involved. It highlights the conflict between individual incentives and the common good when resources are held in common and not subject to private ownership or regulation.
"Everyone’s problem, no one’s responsibility 🌍🚯 Overuse of shared resources leads to depletion."
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