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NIMBY Zoning And the Tragedy Of The Commons

by LiveModern Webmaster last modified Aug 28, 2012 01:08 AM
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by Michael Lewyn last modified Aug 27, 2012

Decades ago, ecologist Garrett Hardin wrote about the "tragedy of the commons"- when an action that is rational for one person becomes irrational when widely practiced.  For example, suppose that there are a few dozen cattle ranchers near a pasture open to all.   It makes sense for each rancher to let as many cattle graze as possible on the pasture, so that the ranchers can feed their cattle without buying additional land.   But if every rancher lets as many cattle as possible graze, sooner or later the land will be overgrazed and the cattle may starve. read more




 

 


 

 

 
 
 

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