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Expert Analysis - Opinion

Mich. No-Fault Insurance Reform: A Tragedy Of The Commons

By Vince Colella (August 5, 2019, 3:39 PM EDT) -- "The tragedy of the commons is a situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource through their collective action." —William Forster Lloyd...

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