<h3>What is meant by the tragedy of the commons?</h3>
The tragedy of the commons refers to a situation in which individuals with access to a public resource (also called a common) act in their own interest and, in doing so, ultimately deplete the resource.
This economic theory was first conceptualized in 1833 by British writer William Forster Lloyd.
The primary idea that emerges from disturbing mental images that haunt Shelley after she overhears a discussion between Lord Byron and her husband is the implications of human power over life. Mary Shelley is well-known for her horror novel Frankenstein in 1818.
