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Articles by: Michael Heller

The Tragedy Of The Anticommons

The Tragedy Of The Anticommons

This essay introduces the tragedy of the anticommons. What’s that? Let’s start with something familiar: a commons. When too many people share a single resource, we tend to overuse it – we may overfish the oceans and pollute the air. This wasteful overuse is a tragedy of the unmanaged commons. How do we solve such a tragedy? Often, by creating[Read More…]