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Why Are Externalities Associated with Common Property Rather Than Private

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Why are externalities associated with common property rather than private property?


Definitions:

Behaviour Modelling Training

A training method that involves observing, learning, and replicating a behavior performed by a model.

Self-efficacy Beliefs

The conviction that one can successfully execute the behaviors required to produce a certain outcome.

Determinants

Factors or elements that contribute to producing a result or cause a particular outcome.

Consequences

The results or outcomes that naturally follow from an action, behavior, or decision, impacting future events or conditions.

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