This paper should include at least 3 references to other relevant papers (not including the paper I am linking) along with any other references that are not papers. The 7 sources to use is the minimum, and more can be included if you think it’s suitable. The topic is behavioral economics and public goods games (introduce this concept). More specifically it is about how, regarding the public goods games / tragedy of the commons, externalities lead to inefficiencies in consumption and production, that people tend to disregard costs imposed on others for personal payoffs when making economic decisions, and why people tend to make the inefficient decisions instead of inefficient ones. (example in paper below)The topic can be related to this paper study I linked below which inspired this topic (discuss and analyze this paper), but the overall paper should expand and have a broader scope.
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