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Challenges of Managing Common Resources

In: Sustainable Business

Author

Listed:
  • Manuel Fischer

    (Bern University of Applied Sciences)

  • Daniel Foord

    (Bern University of Applied Sciences)

  • Jan Frecè

    (Bern University of Applied Sciences)

  • Kirsten Hillebrand

    (Bern University of Applied Sciences)

  • Ingrid Kissling-Näf

    (Bern University of Applied Sciences)

  • Rahel Meili

    (Bern University of Applied Sciences)

  • Marie Peskova

    (Bern University of Applied Sciences)

  • David Risi

    (Bern University of Applied Sciences)

  • René Schmidpeter

    (Bern University of Applied Sciences)

  • Tobias Stucki

    (Bern University of Applied Sciences)

Abstract

Common goods are those natural or man-made resources that serve all members of a particular community and its institutions. Unlike private goods such as cars or mobile phones, all members have free access to commons, i.e., the goods cannot simply be fenced off. As a result, such goods tend to be overused, leading to a loss of welfare-the tragedy of the commons. In this chapter, we discuss the concept of the tragedy of the commons, why it is relevant to global and local environmental problems, and how the social dilemma might be resolved.

Suggested Citation

  • Manuel Fischer & Daniel Foord & Jan Frecè & Kirsten Hillebrand & Ingrid Kissling-Näf & Rahel Meili & Marie Peskova & David Risi & René Schmidpeter & Tobias Stucki, 2023. "Challenges of Managing Common Resources," SpringerBriefs in Business, in: Sustainable Business, chapter 0, pages 29-34, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-031-25397-3_3
    DOI: 10.1007/978-3-031-25397-3_3
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