The Tragedy of the Commons

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Multiple Choice

What is the Tragedy of the Commons?

  1. A situation in which multiple individuals, acting independently and rationally according to their own self-interest, will ultimately deplete a shared resource even when it is in their collective interest to conserve it.
  2. A situation in which multiple individuals, acting independently and rationally according to their own self-interest, will ultimately benefit from a shared resource even when it is in their collective interest to deplete it.
  3. A situation in which multiple individuals, acting independently and rationally according to their own self-interest, will ultimately conserve a shared resource even when it is in their collective interest to deplete it.
  4. A situation in which multiple individuals, acting independently and rationally according to their own self-interest, will ultimately benefit from a shared resource even when it is in their collective interest to conserve it.
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