Read Facebook Faces the Tragedy of the Commons by John Gapper in Chapter 11, then answer the following prompt based on the first letter of your first name. Afterwards, respond to two peers.
Prompt 1 – Letter A – M
In your use of social media, have you dealt with undesirable behavior of others? If so, give some examples. Is this behavior akin to a type of externality? Explain. How does this discussion tie into microeconomics?
Prompt 2 – Letter N – Z
Give some examples of social media providers regulating the behavior of others. Do you think the providers of social media should regulate the behavior of users? Explain. How does this discussion tie into microeconomics?