The Tragedy of the Anticommons

From AnarWiki
Revision as of 00:30, 27 November 2019 by imported>PoliticalAustralian (Created page with "The '''Tragedy of the Anticommons '''or''' The Tragedy of Private Property''' is a type of coordination breakdown, in which a single resource has nu...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

The Tragedy of the Anticommons or The Tragedy of Private Property is a type of coordination breakdown, in which a single resource has numerous private owners who prevent others from using it, frustrating what would be a socially desirable outcome. It is a mirror-image of the older concept of tragedy of the commons, in which commons-based arrangement leads to resource depletion as no one person feels responsible for its maintenance.