Examlex
An oligopoly occurs when there
Bystander Effect
A social psychological phenomenon where people are less likely to offer help to a victim when other people are present.
Social Trap
A situation where individuals or groups are unable to cooperate, resulting in negative outcomes for all involved due to conflicting interests.
Collective Bad
A situation or outcome that is detrimental to the well-being or interests of a group as a whole, often arising from individual actions that do not consider the collective good.
Individual Good
Benefits or positive outcomes focused on the well-being or interests of a single person.
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