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The Tragedy of the Data Commons: Balancing Innovation With Risk
Clean drinking water and fisheries are classic examples of the βtragedy of the commons,β the problem in economics and ecology where an individual is incentivized to consume as much of a shared resource as possible at the expense of the larger society. With fisheries, for example, a logical fisherman would like to make as many [β¦]
Jun 13, 2023 Β· 3 min