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Aside from the listed ways of dealing with tragedy of the commons, list other ways of avoiding this dilemma

Aside from the listed ways of dealing with tragedy of the commons, list other ways of avoiding this dilemma

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Aside from the listed ways of dealing with tragedy of the commons, list other ways of avoiding this dilemma

 

Renewable Resources and the Tragedy of the Commons • Some renewable resources can be used by almost anyone. Examples are fresh air, underground water supplies, the earth's climate, and the open ocean and its fish. We are environmentally degrading many openly shared renewable resources In 1968, biologist Garrett Hardin (1915-2003) called such degradation the tragedy of the commons. It occurs because each user of a shared common resource or open- access resource reasons, "If I do not use this resource, someone else will. The little bit that I use or pollute is not enough to matter, and anyway, it's a renewable resource." The cumulative effect of many people trying to exploit a shared renewable resource can exhaust or ruin it. Then no one can benefit from it. That is the tragedy. Two ways to deal with it: Use shared renewable resources at rates well below their estimated sustainable yields by reducing use of the resources, regulating access to the resources, or doing both Convert open-access renewable resources to private ownership. The reasoning is that if you own something, you are more likely to protect your investment.
Transcribed Image Text:Renewable Resources and the Tragedy of the Commons • Some renewable resources can be used by almost anyone. Examples are fresh air, underground water supplies, the earth's climate, and the open ocean and its fish. We are environmentally degrading many openly shared renewable resources In 1968, biologist Garrett Hardin (1915-2003) called such degradation the tragedy of the commons. It occurs because each user of a shared common resource or open- access resource reasons, "If I do not use this resource, someone else will. The little bit that I use or pollute is not enough to matter, and anyway, it's a renewable resource." The cumulative effect of many people trying to exploit a shared renewable resource can exhaust or ruin it. Then no one can benefit from it. That is the tragedy. Two ways to deal with it: Use shared renewable resources at rates well below their estimated sustainable yields by reducing use of the resources, regulating access to the resources, or doing both Convert open-access renewable resources to private ownership. The reasoning is that if you own something, you are more likely to protect your investment.
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