Discuss the tragedy of the commons

Reference no: EM132558598 , Length: Word count: 300

Tietenberg and Lewis discuss the tragedy of the commons, a situation that is exits in many open access fisheries. For this week's forum, please address the following questions after looking at the videos listed below.

Question 1: Why is open access fishing a problem from both an economic and environmental perspective? What policies can be used to address these problems? Are there government policies intended to help fisherman that can actually make things worse?

Reference no: EM132558598

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