June 14, 2022 12:00 PM (GMT+1)

“Collective action can be defined as decentralized action by the members of a group to eliminate public bads that affect all of them or to create public goods that benefit all of them. Although such actions benefit everybody (they are Pareto-superior to the status quo), it may not be in the self-interest of any individual to participate or contribute.” (Elster, 2015)

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