Examlex
A characteristic of an effective performance measure is that it is easy to understand and communicate.
Commons Dilemma
A situation in which individual users acting independently and rationally according to their own self-interest behave contrary to the best interests of a whole by depleting a common resource.
Optimal Way
The most desirable or effective method to achieve a specific goal or result.
Privately Owned Resources
Refers to assets or property owned by individuals or corporations rather than by the government or the public.
Bad Apple Effect
The tendency for one person's negative behavior to corrupt a group's dynamics or moral.
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