Related Outcomes
Tragedy of the commons is one of four outcomes:
| Private ownership | Common ownership | |
|---|---|---|
| Bad outcome/tragedy | Tragedy of the anticommons | Tragedy of the commons |
| Good outcome/cornucopia | Successful capitalism | Inverse commons |
The prevalent outcome depends on the details of the situation. The opposite outcome to the tragedy is the "comedy of the commons" or "Inverse commons", in which network effects or other causes enhance the value of rivalrous resources because of the lack of regulation or private ownership.
Read more about this topic: Tragedy Of The Commons
Famous quotes containing the word related:
“The custard is setting; meanwhile
I not only have my own history to worry about
But am forced to fret over insufficient details related to large
Unfinished concepts that can never bring themselves to the point
Of being, with or without my help, if any were forthcoming.”
—John Ashbery (b. 1927)