Description
Introduces two analytical tools for understanding why common-pool resources might be overused. These include the Prisoner's Dilemma from game theory and the "rival / exclusive" framework.
15 minutes
Keywords
- commons,
- game theory,
- common-pool resources,
- Prisoner's Dilemma,
- Tragedy of the Commons,
- Elinor Ostrom
Disciplines
Publication Date
March 23, 2020
Citation Information
Erik Edward Nordman. "Sustaining the Commons Part 2: Concepts of the Commons" Sustaining the Commons (2020) Available at: http://works.bepress.com/erik_nordman/56/