Hardin 1968 tragedy of the commons

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Hardin, G., 2009. The tragedy of the commons. Journal of Natural Resources Policy Research, 1(3), pp.243-253.

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Notes

• Classic article describing dynamic by which self-interested actors damage common resources in pursuit of personal gain.
• Cites importance of top-down control or privatization as potential but flawed solutions.
• Ostrom's work in Common Pool Resource Management refutes and expands on many aspects of Hardin, but is less well known and read.