Chicken or The Egg - Chicken-and-egg Problem

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.

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Famous quotes containing the word problem:

    The thinking person has the strange characteristic to like to create a fantasy in the place of the unsolved problem, a fantasy that stays with the person even when the problem has been solved and truth made its appearance.
    Johann Wolfgang Von Goethe (1749–1832)