Bob Is Trying to Decide Whether to Drive to Build

question 1

Multiple Choice

Bob is trying to decide whether to drive to build a new house or to buy an existing one. Although he really wants to build the new house, he realizes that if everyone builds a new house the existing land will be consumed more quickly, leaving less for everyone to enjoy. Bob's decision is an example of a

• A) harvesting dilemma.
• B) contributions dilemma.
• C) matrix game.
• D) public good.