Tragedy of the commons: Self-interest, at the expense of the system

Leonidas J. Guadalupe, Mario G. Beruvides

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Scopus citations

Abstract

The Tragedy of the Commons (TOC) was popularized in the late sixties by Garret Hardin. It refers to a system archetype which leads to the inevitable depletion of a finite resource. This is a real systemic problem faced in many aspects of modern technological society. A methodology for identifying this system archetype is presented. Two real world business cases are explored, and the TOC within each case is identified and modeled. Implemented solutions are analyzed with respect to TOC to identify whether a true solution has been reached. This paper brings awareness to this systems problem which is still prominent in today's business world. This work can help engineering managers identify the TOC within their systems and allow them to design corrective actions. Copyright, American Society for Engineering Management, 2012.

Original languageEnglish
Title of host publicationAnnual International Conference of the American Society for Engineering Management 2012, ASEM 2012 - Agile Management
Subtitle of host publicationEmbracing Change and Uncertainty in Engineering Management
Pages99-107
Number of pages9
StatePublished - 2012
Event33rd Annual International Conference of the American Society for Engineering Management 2012, ASEM 2012 - Agile Management: Embracing Change and Uncertainty in Engineering Management - Virginia Beach, VA, United States
Duration: Oct 17 2012Oct 20 2012

Publication series

NameAnnual International Conference of the American Society for Engineering Management 2012, ASEM 2012 - Agile Management: Embracing Change and Uncertainty in Engineering Management

Conference

Conference33rd Annual International Conference of the American Society for Engineering Management 2012, ASEM 2012 - Agile Management: Embracing Change and Uncertainty in Engineering Management
CountryUnited States
CityVirginia Beach, VA
Period10/17/1210/20/12

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