AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Multilateral Coordination Problem in Environmental Conservation
The multilateral coordination problem arises when individual actors prioritize their own benefit over the common good, leading to issues such as overfishing and pollution. In cases like overfishing and plastic pollution, individual self-interest can lead to negative outcomes for everyone. Similarly, pollution in rivers tends to affect the same local area, creating a selfish interest in addressing the issue. This selfish interest can sometimes make addressing the problem easier.