Collective action problems: Difference between revisions
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The term "'''collective action problem'''" describes the situation in which multiple individuals would all benefit from a certain action, but has an associated cost making it implausible that any individual can or will undertake and solve it alone. The ideal solution is then to undertake this as a collective action, the cost of which is shared. An allegorical metaphor often used to describe the problem is "belling the cat". -Wikipedia, "Collective action." |
The term "'''collective action problem'''" describes the situation in which multiple individuals would all benefit from a certain action, but has an associated cost making it implausible that any individual can or will undertake and solve it alone. The ideal solution is then to undertake this as a collective action, the cost of which is shared. An allegorical metaphor often used to describe the problem is "belling the cat". -Wikipedia, "[https://en.wikipedia.org/wiki/Collective_action#Collective_action_problem Collective action]." |
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== References == |
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Hankinson, Michael. "[http://www.jchs.harvard.edu/research/publications/when-do-renters-behave-homeowners-high-rent-price-anxiety-and-nimbyism When Do Renters Behave Like Homeowners? High Rent, Price Anxiety, and NIMBYism]." Harvard JCHS Working Paper, February 2017. http://www.jchs.harvard.edu/research/publications/when-do-renters-behave-homeowners-high-rent-price-anxiety-and-nimbyism. |
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Revision as of 14:58, 3 May 2017
The term "collective action problem" describes the situation in which multiple individuals would all benefit from a certain action, but has an associated cost making it implausible that any individual can or will undertake and solve it alone. The ideal solution is then to undertake this as a collective action, the cost of which is shared. An allegorical metaphor often used to describe the problem is "belling the cat". -Wikipedia, "Collective action."
The situation of
References
Hankinson, Michael. "When Do Renters Behave Like Homeowners? High Rent, Price Anxiety, and NIMBYism." Harvard JCHS Working Paper, February 2017. http://www.jchs.harvard.edu/research/publications/when-do-renters-behave-homeowners-high-rent-price-anxiety-and-nimbyism.