The problem of the commons is the absence of incentives to prevent overuse and depletion of the common resource.

Name: The problem of the commons is the absence of incentives to prevent overuse and depletion of the common resource.
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Question

Quizplus · Accepted Answer

The problem of the commons arises when individuals, acting in their own self-interest, overuse and deplete a shared resource, as there are no incentives or regulations to manage its sustainable use.

The Problem of the Commons Is the Absence of Incentives