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Tragedy of the Commons
A situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resources, even though it is not in anyone's long-term interest.
Social Incentives
Motivations that influence an individual's behavior based on social factors, including approval, respect, or the desire to be part of a community.
Private Incentives
The personal benefits or motivations that guide individuals and businesses in making decisions, often driven by the desire for profit or personal satisfaction.
Common Resource
A resource that provides users with tangible benefits, but which is available to all members of a community or society and is susceptible to overuse, leading to depletion or degradation.
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