Conventional wisdom holds that resources held in common will invariably be overexploited — the "tragedy of the commons". A number of examples show that this is not necessarily so.
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Berkes, F., Feeny, D., McCay, B. et al. The benefits of the commons. Nature 340, 91–93 (1989). https://doi.org/10.1038/340091a0
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DOI: https://doi.org/10.1038/340091a0
