Chicken-and-egg Problem
The term "chicken-and-egg problem" is further commonly used to describe a situation that is not a philosophical dilemma, but one in which it is impossible to reach a certain desired outcome because a necessary precondition is not satisfied, while to meet that precondition in turn requires that the desired outcome has already been realized. For example, it has been argued that the transformation to alternative fuels for vehicles faces a chicken-and-egg problem: "it is not economical for individuals to purchase alternative fuels absent sufficient refueling stations, and it is not economical for fuel dealers to open stations absent sufficient alternative fuel vehicles". This is closely related to the economic concept of vicious circle, but in this kind of situation one that becomes a virtuous circle upon reaching a tipping point.
Read more about this topic: Chicken Or The Egg
Famous quotes containing the word problem:
“It is very comforting to believe that leaders who do terrible things are, in fact, mad. That way, all we have to do is make sure we don’t put psychotics in high places and we’ve got the problem solved.”
—Tom Wolfe (b. 1931)