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by clairity 1481 days ago
you seem to be describing the tragedy of the commons, not economic rents.
1 comments

The author of the original "Tragedy of the Commons" paper lamented that he did not title it "Tragedy of the Unmanaged Commons", later writing a follow-up by that name: https://pubmed.ncbi.nlm.nih.gov/21236819/

And Elinor Ostrom won the Nobel in economics for her work describing the mechanisms used by real-world communities to effectively self-manage Commons: https://www.onthecommons.org/magazine/elinor-ostroms-8-princ...

i guess there's one situational intersection, alluded to by @randbox, between the tragedy of the commons and economic rents, which is when someone (illegally) takes control of the commons and literally charging rents for assets they don't actually own.

offhand, i can't think of a practical and contemporary example of this though.