This study revisits the problem of the tragedy of the commons. Extracting agents participate in an evolutionary game in … cohesiveness of the network contribute to overcoming the tragedy of the commons. The study suggests that the origin of the problem …

Garrett Hardin's “The Tragedy of the Commons” (Hardin, 1968) is widely influential but fundamentally incorrect. Hardin … characterizes the commons problem as arising from the exercise of free will in a world with limited carrying capacity. Hardin …), Coase (1960), and Demsetz (1967) – shows that the commons problem arises from non-exclusive use rights. Non-exclusivity is …

commons' can be averted, as sustainable Pareto-efficient outcomes can be supported by subgame perfect equilibria. …