Tragedy of the Commons: All I Want is Everything
Background
Picture this: It’s the 1950s. There are very few regulations in place regarding the hunting of wild animals - it’s a free-for-all. You are a hunter in Kenya, seeking to...
Behavioral Economics
Offsetting Behavior: A Risky Business
Have You Ever?
You’re the goalie on your local soccer team. Whenever you’re on the field, your coach insists that you wear knee pads. “They’ll help prevent your knees from getting...