{ "item_title" : "Solutions to Collective Action Problems", "item_author" : [" Lucas Freund "], "item_description" : "Seminar paper from the year 2017 in the subject Philosophy - Philosophy of the 20th century, grade: 1,4, Frankfurt School of Finance & Management, language: English, abstract: Collective action problems describe a situation where aggregated individual rational behaviour creates decreased collective welfare. They can be described as social dilemmas according to Holzinger, 2003. Based on this definition, it is possible to identify a discrepancy in between what is regarded rational on an individual level and the collective common good. Therefore, in a collective action problem micro-level behaviour translates into undesirable macro-level effects, which manifest in decreased collective welfare. Based on this first definition, this study focuses on two central aspects: 1. providing a possible explanation of how collective action problems derive from rational individual behaviour 2. providing possible solutions to collective problems. To put abstract theory into a reality oriented context, this study furthermore focuses in the discussion of the nature and problematics of collective action problems on Hardin's tragedy of the commons (ToC).", "item_img_path" : "https://covers2.booksamillion.com/covers/bam/3/66/845/193/3668451931_b.jpg", "price_data" : { "retail_price" : "22.50", "online_price" : "22.50", "our_price" : "22.50", "club_price" : "22.50", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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