Difference between revisions of "Tragedy Of The Anticommons"

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[[Category:Market Failure]]
 
[[Category:Market Failure]]
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[[Category:Property|400]]
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[[Category:Limited Property]]
 
{{DES | des = When resources cannot be used because their ownership is divided, we have an anticommons.  Holdout problems are the classic example. Closely related to the [[Prisoner's Dilemma]]. See also the [[Tragedy Of The Commons]]. That is why many natural resources such as air are not private property. | show=}}
 
{{DES | des = When resources cannot be used because their ownership is divided, we have an anticommons.  Holdout problems are the classic example. Closely related to the [[Prisoner's Dilemma]]. See also the [[Tragedy Of The Commons]]. That is why many natural resources such as air are not private property. | show=}}
 
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Revision as of 12:50, 26 May 2020