Category
page 1Inefficiency in game theory
prisoner's dilemma
canonical example of a game analyzed in game theory

externality
thumb|Air pollution from [[motor vehicles is an example of a negative externality. The costs of the air pollution for the rest of society is not compensated for by either the producers or users of motorized transport.]]
tragedy of the commons
self-interests causing depletion of a shared resource
Braess's paradox
proposed explanation for how trying to improve traffic flow actually has the reverse effect
Price of anarchy
System efficiency degradation as a function of selfish-agent behavior in economics