toIPA
Home
Blog
Category
Collective action problem
situation in which all individuals would be better off cooperating but fail to do so because of conflicting interests between individuals that discourage joint action
Pronunciation
/kəˈlɛktɪv ˈakʃən ˈprɒbləm/
/kəˈlɛktɪv ˈækʃən ˈprɑbləm/
Categories
problem
operational risk