FOCUS_-_Tragedy_of_the_Commons_-_for_website.ppt
- 1. FOCUS: LOGICAL FALLACIES ECONOMICS: The Tragedy of the Commons
- 2. The Fallacy of Composition • The logical fallacy of arguing that – what is true for the parts – is also true for the whole. • In the study of economics, this takes the form of assuming that – what works for parts of the economy, such as households or businesses, – also works for the aggregate, or macroeconomy. • The contrasting fallacy is the fallacy of division.
- 3. The Fallacy of Division • The logical fallacy of arguing that – what is true for the whole – is also true for the parts. • In the study of economics, this takes the form of assuming that – what works for the aggregate, or macroeconomy, – also works for parts of the economy, such as households or businesses. • The contrasting fallacy is the fallacy of composition.
- 4. The Tragedy of the Commons • THE TRAGEDY OF THE BUNNIES • http://www.bunnygame.org/ • THE TRAGEDY OF THE COMMONS GAME • http://www.uoregon.edu/~rmitchel/commons /index.htm