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the “tragedy of the commons” – the economic theory that individuals using a shared resource often act according to their own interests and to the detriment of the shared resource
Grasping capitalist types love this theory, of course, as it suggests grasping capitalism to be an innate human quality.
The dockless hire bikes in Bristol are actually pretty useful, although typically a lot of cyclists seem to be whingeing about them being left in 'their' bike racks.
Vanneau
@Oliver Schick
An interesting article giving a bit of a global overview:
https://www.theguardian.com/politics/2017/nov/05/why-we-cant-have-nice-things-dockless-bikes-and-the-tragedy-of-the-commons