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Tragedy of the Commons

                      Kalyani Pingle
                Soham Pablo Banerjee
                       Aditya Singal
                        Aditya Singh
                            Amit Rai
                      Varun Malpani
Brief description of Hardin’s paper
                  • Pasture analogy
                  • Overuse of finite resources
                  • The problem is not one of resources, but one of
                    population
Garrett Hardin
                  • Benefit reaped by individual, loss shared by
                    entire population



                   The population problem has no technical
                   solution; it requires a fundamental extension
                   in morality.
                            Garrett Hardin (1915-2003)
                        Author – Tragedy of the Commons (1968)
Prisoner’s Dilemma



•Ideal situation    -3                1            2
•Real life tends to - 1

(About 5% respondents
opt for 3 on the first try)

                                      4            3
Easter Island
                                            - A classic tragedy
                        • First human inhabitations about 400 AD
                        • Europeans arrive in mid 1700’s to find about
                           2000 inhabitants
                        • Huge Statues
                        • Evidence unearthed shows a once rich
                           ecosystem, supportive of a much larger
 Avg height- 14.5ft
Avg weight – 15 tons       population of about 30,000
                        • Overpopulation created social problems,
                    Most isolated human habitation in history
                           leading to massive deforestation, loss of
                           vegetation
                        • Eventual Collapse
Solution approach to problems of ‘Commons’

                                   Self -Regulation through community
                                    norms :
                                     • Lake water in a village
                                     • Small scale
                                   Government Regulations :
•   Tradable instrument              • High Cost & resources
•   Issued by approved agencies      • Difficult when independent
•   Global Market place                 governments are regulating
                                   Market Mechanism (Kyoto Protocol-
                                    Carbon offset credit)
Criticisms of the theory
• The Myth of tragedy of Commons.
• Where’s the evidence
• Solution to “Tragedy of Commons” :
  Privatization of the commons
• The tragedy of Anti commons/ Grid
  Lock Economy.
   “The commons leads to overuse and
  destruction; the anti commons leads to
  underuse and waste”

  E.g. Pharmacy Industry Patents
Learning/Practical applications
• Incentive to increase individual
  responsibility for common benefit
• Implementation of property rights
   • HDB (Singapore)
• Traffic controls
   • Failure in Brazil
   • Success in Singapore
Thank You


            Quem deum vult perdere
                   Prius Dementat

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Tragedy of the Commons

  • 1. Tragedy of the Commons Kalyani Pingle Soham Pablo Banerjee Aditya Singal Aditya Singh Amit Rai Varun Malpani
  • 2. Brief description of Hardin’s paper • Pasture analogy • Overuse of finite resources • The problem is not one of resources, but one of population Garrett Hardin • Benefit reaped by individual, loss shared by entire population The population problem has no technical solution; it requires a fundamental extension in morality. Garrett Hardin (1915-2003) Author – Tragedy of the Commons (1968)
  • 3. Prisoner’s Dilemma •Ideal situation -3 1 2 •Real life tends to - 1 (About 5% respondents opt for 3 on the first try) 4 3
  • 4. Easter Island - A classic tragedy • First human inhabitations about 400 AD • Europeans arrive in mid 1700’s to find about 2000 inhabitants • Huge Statues • Evidence unearthed shows a once rich ecosystem, supportive of a much larger Avg height- 14.5ft Avg weight – 15 tons population of about 30,000 • Overpopulation created social problems, Most isolated human habitation in history leading to massive deforestation, loss of vegetation • Eventual Collapse
  • 5. Solution approach to problems of ‘Commons’  Self -Regulation through community norms : • Lake water in a village • Small scale  Government Regulations : • Tradable instrument • High Cost & resources • Issued by approved agencies • Difficult when independent • Global Market place governments are regulating  Market Mechanism (Kyoto Protocol- Carbon offset credit)
  • 6. Criticisms of the theory • The Myth of tragedy of Commons. • Where’s the evidence • Solution to “Tragedy of Commons” : Privatization of the commons • The tragedy of Anti commons/ Grid Lock Economy. “The commons leads to overuse and destruction; the anti commons leads to underuse and waste” E.g. Pharmacy Industry Patents
  • 7. Learning/Practical applications • Incentive to increase individual responsibility for common benefit • Implementation of property rights • HDB (Singapore) • Traffic controls • Failure in Brazil • Success in Singapore
  • 8. Thank You Quem deum vult perdere Prius Dementat