Shared Rule refers to a governance system where multiple parties or groups collaborate to make decisions and manage resources. This approach often involves a balance of power, ensuring that no single entity has complete control. It can be seen in various contexts, such as in federal governments where states or provinces share authority with a central government. In a Shared Rule framework, stakeholders typically engage in dialogue and negotiation to reach consensus on policies and regulations. This method promotes inclusivity and can lead to more equitable outcomes, as it considers diverse perspectives and interests. Examples include international treaties and local councils that involve community participation.