[a history buff]

Look up tragedy of the commons in any elementary economics primer, and come back to us.

[semper_libertas]

"Look up tragedy of the commons in any elementary economics primer, and come back to us. "

The model is so simplistic compared to real-world economics it's useless.

Comparing that model with what we are discussing is like comparing a light switch with a 4th order predictive filter. (maybe even more extreme)