Millionaire Mode

The Tragedy of the Commons

Question 1 of 5

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.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000