Game theory and economics in the news
May 4, 2005 | The Economist, The tragedy of the commons, contd
A cause for the world's diminshing supply of fish "is the age-old 'tragedy of the commons', whereby anyone with access to a shared valuable resource has an interest in over-exploiting it, and it is in nobody's interest alone to maintain it."
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September 8, 2003 | Fresno Bee, Florez air bills may have to wait
Classic game of chicken in the State Assembly over an environmental bill as the legislative deadline nears.
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December 19, 2002 | The Economist, Nomadism in Mongolia
Collective herding in Mongolia suffers the tragedy of the commons as some leaders call for privatization.
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October 24, 2002 | The Independent, Fishing industry falls victim to the tragedy of the commons
Global overfishing and a dwindling supply of fish the result of a tragedy of the commons.
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October 19, 2002 | BBC News, Coffee cartel shuts up shop
Association of Coffee Producing Countries fails to maintain prices and cooperation, abandons collusion.
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August 2, 2001 | STATpub.com, Researcher proposes North American wheat board
Attempts at collusion present free-riding concerns
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June 26, 2001 | Sierra Times, The Tragedy of the Commons
Argues that public ownership of forests leads to a tragedy of the commons.
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August 27, 2000 | New York Times, A tale of two fisheries
Fisheries in Rhode Island suffer from the tragedy of the commons
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