Describe the tragedy of the commons

Assignment Help Business Economics
Reference no: EM13831095

Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development? How would you address these problems?

Reference no: EM13831095

Questions Cloud

Should terry raise the price of haircuts : Where Q is the number of cuts per week and P is the price of a hair cut. Terry is considering raising her price above the current price of $15. Terry is unwilling to raise price if the price hike will cause revenues to fall. Should Terry raise the pr..
Costs and revenues for firms in different market structures : Create graphs and tables to illustrate costs and revenues for firms in different market structures. You have learned about the market structures of pure competition, monopoly, monopolistic competition, and oligopoly. In this assignment, you will appl..
What is the monetary certainty equivalent : What is the monetary certainty equivalent for the following gamble: gain $130 with probability 0.4, lose $320 with probability 0.6.
Nine challenges of alternative energy : In "Nine Challenges of Alternative Energy" (pp. 386-397), David Fridley argues that the growing cost of and demand for energy, along with the growing concerns of the global climate, leaves us facing, not just a need to explore alternative energy opti..
Describe the tragedy of the commons : Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development? How would you address these problems?
Preventing a brave new world : In "Preventing a Brave New World" (pp. 331-343), Leon Kass concludes that reproductive and therapeutic cloning of human embryos is unethical. What are the exact steps in Kass's argument for this conclusion? What is your assessment of the strengths an..
What is the ethic of giftedness : What is the “ethic of giftedness”? What values does Sandel argue are realized in embracing this ethic? How would Sandel view uses of technological enhancement that are generally accepted (prosthetics, eyeglasses, etc…)?
Optimistic conclusion-with right legal-procedural safeguards : In "In Praise of Big Brother" (pp. 203-215), James Stacey Taylor argues for the optimistic conclusion that, with the right legal and procedural safeguards, large-scale governance surveillance would have many positive consequences. What are Taylor's b..
Relationship between mankind and technology : In "Final Jeopardy" (pp. 234-242), Stephen Baker expresses an interesting look at the way technology, especially in terms of machines, could dramatically change the relationship between mankind and technology—not just helping us to locate information..

Reviews

Write a Review

Business Economics Questions & Answers

  Subsidise high technology industries-tax heavily gasoline

Why do most governments subsidise high technology industries and tax heavily gasoline? Explain with diagram. What are common resources? Give one examples. Why is whale, but not cow, threatened with extinction?

  Large current account deficits have to finance by

In general, large current account deficits have to finance by:

  Q1 assume that you are to estimate the costs of eithera

q.1. assume that you are to estimate the costs of eithera project proposal to construct a dam in your local area for

  If government uses its stabilization policies to maintain

In terms of aggregate supply, a period in which nominal wages and other resource prices are unresponsive to price-level changes is called the A. long run. B. short run. C. very long run. D. immediate market period.

  Explore the differences between economic model economic

Explore the differences between economic model, economic theory, and economic policy. How would you explain this to a friend who has no clue what the differences are. Compare and contrast.

  Find the new equilibrium price and quantity

Find the equilibrium price and quantity. If the current price of the good is $100, what is the quantity demanded? What is the quantity supplied? How would you describe this situation? Equilibrium? Shortage? Or Surplus? What would you expect to happen..

  Q1 according to okuns law if output grew 7 and

q1. according to okuns law if output grew 7 and full-employment output rose 5 what would be the change in the

  Inflation represents a decline in average real income

Most economists want a 0% target for unemployment. The current natural rate of unemployment is thought to be somewhere around 5%. If the economy is above full employment it causes higher than normal unemployment. In a closed economy, inflation repres..

  Equilibrium wage and employment level in each sector

There are two distinct sectors: taxidermists (X) and tap dancers (T). It is surprising that there is complete labor mobility between the two sectors. There are 200 equally talented workers who supply their labor inelastically.

  Discuss whether horizontal or vertical boundaries

Discuss whether horizontal or vertical boundaries have been changed, and whether they were extended or shrunk. Following the September 11, 2001 attacks, the U.S. government established the Department of Homeland Security.

  Frequent flyer program as the most important factor

Although airline schedules and cost are important factors for business travelers when choosing an airline carrier, a USA Today survey found that business travelers list an airline’s frequent flyer program as the most important factor.

  Acceptable return on the investments

hat drug is nearly through clinical trials, and is expected to produce an acceptable return on the investments that have been and will still need to be made in it.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd