The Tragedy of the Commons Is the Absence of Incentives

question 28

Multiple Choice

The tragedy of the commons is the absence of incentives to

• A)reduce marginal cost of common resources.
• B)prevent underuse of common resources.
• C)prevent overuse of common resources.
• D)discover new common resources.
• E)export wool in sixteenth-century England.

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Definitions:

Screen Savers

Programs that fill the computer screen with moving images or patterns when the computer is not in use, originally designed to prevent phosphor burn-in on CRT and plasma computer monitors.

Burn-in

A phenomenon where an image or portion thereof becomes permanently fixed on a screen, typically due to prolonged display of static graphics.

Local Account

An account managed directly on a device, allowing a user access without the need for network-based authentication.

Web

A system of interconnected documents and other resources, linked by hyperlinks and URLs, accessible over the Internet.