Unfortunately, government regulation might be necessary in some such situations, where tragedy of the commons applies.
http://www.gametheorystrategies.com/2011/06/01/tragedy-of-the-commons/
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Unfortunately, government regulation might be necessary in some such situations, where tragedy of the commons applies.
http://www.gametheorystrategies.com/2011/06/01/tragedy-of-the-commons/
If everything is private property, then the tradegy of the commons cannot occur. The coercion-based state creates and encourages said tragedy.