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Please choose options without explanation What is the solution to the Tragedy of the Commons? 1. Coordination with creating a higher authority that will punish
Please choose options without explanation
What is the solution to the Tragedy of the Commons?
1. Coordination with creating a higher authority that will punish those who deviate from the optimal path.
2. Acting rationally and hoping everyone else does that too.
3. Apply mathematical optimization and share the results with everyone.
4. There is no solution.
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