Aristotle writes, "What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others." In this statement, Aristotle is referring to the free-rider problem that occurs when a person receives the benefit of a good without paying for it.

Question

Quizplus · Accepted Answer

Aristotle is referring to the "tragedy of the commons," where individuals neglect the well-being of shared resources, not the free-rider problem.

Aristotle Writes, "What Is Common to Many Is Taken Least