The "Tragedy of the Commons" Illustrates That ________

question 26

Multiple Choice

The "tragedy of the commons" illustrates that ________.

• A) the utilitarian model of ethics is the most effective model of ethics
• B) all unethical actions are always illegal
• C) the rational pursuit of individual self interest results in a collective disaster
• D) all the available resources should be equally distributed among all the stakeholders

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Definitions:

Peer Review

Rephrased: The assessment of an individual's work or performance by others who are of the same rank in a workplace or professional organization.

Panel Composed

A group of selected individuals brought together to discuss, investigate, or decide on a particular matter.

Organization

An entity comprising multiple people, such as a business or government agency, organized to achieve specific goals.

Arbitration

A form of alternative dispute resolution where an impartial third party, the arbitrator, makes a decision to resolve a dispute outside of court.