๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Normative and rational choice accounts of human social behavior

โœ Scribed by John Griffiths


Publisher
Springer US
Year
1995
Tongue
English
Weight
939 KB
Volume
2
Category
Article
ISSN
0929-1261

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Economists have viewed the presence of externalities and other market failures as leading to a private equilibrium that would not be Pareto optimal. In the exploitation of common-pool resources, especially biological resources, this would lead to the much-discussed 'tragedy of the commons'. A challe