The commons — Commons redirects here. For other uses, see Commons (disambiguation). The commons is terminology referring to resources that are owned in common[1] or shared between or among communities populations. These resources are said to be held in common… … Wikipedia
Problem (or Tragedy) of the Commons — (or Tragedy of the Commons) An example in game theory which is used to explore problems of resource distribution (see, ‘The Tragedy of the Commons’, Science, 1968). The use of commons (publicly available land on which farmers graze their cattle)… … Dictionary of sociology
Tragedy of the commons — Cows on Selsley Common. The tragedy of the commons is one way of accounting for overexploitation. The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting… … Wikipedia
Tragedy Of The Commons — An economic problem in which every individual tries to reap the greatest benefit from a given resource. As the demand for the resource overwhelms the supply, every individual who consumes an additional unit directly harms others who can no longer … Investment dictionary
The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… … Wikipedia
The Crystal Palace — was a cast iron and glass building originally erected in Hyde Park, London, England, to house the Great Exhibition of 1851. More than 14,000 exhibitors from around the world gathered in the Palace s convert|990000|sqft|m2 of exhibition space to… … Wikipedia
The Relapse — The Relapse, or, Virtue in Danger is a Restoration comedy from 1696 written by John Vanbrugh. The play is a sequel to Colley Cibber s Love s Last Shift, or, Virtue Rewarded . In Cibber s Love s Last Shift , a free living Restoration rake is… … Wikipedia
The Oxford Movement (1833-1845) — The Oxford Movement (1833 1845) † Catholic Encyclopedia ► The Oxford Movement (1833 1845) The Oxford Movement may be looked upon in two distinct lights. The conception which lay at its base, according to the Royal Commission on… … Catholic encyclopedia
The Southern Star (observation wheel) — The Southern Star The Southern Star prior to its 2009 closure General information Status Dismantled for major repairs Type … Wikipedia
The Troubles — Troubles redirects here. For other uses, see Troubles (disambiguation). The Troubles Political map of Ireland … Wikipedia
