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Tragedy of the Commons->argues that CPR systems collapse unless some authority allocates and enforces property use rights in order to sustain a favorable ratio between population and resource productivity, must be enforced by power of state or some form that users see as legit-> assumes that all resource users are rational actors in a competitive marketplace and make decisions based on short-term self interest of individuals, assumes that there is no communication outside of the market aka impossible for users to limit use by negotiating with one another and realizing shared interest in conserving resources.

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