Reference no: EM132636946

Common-pool resources, or commons, refer to resources that are used by many people and are either: (1) Owned by a group representing many people (e.g., grasslands owned by the federal government) or (2) Owned by no one (e.g., ocean fisheries). In the essay, "The Tragedy of the Commons" biologist Garrett Hardin introduced a principle (tragedy of the commons) that has become an important component of environmental science. He correctly pointed out that the tragedy of the commons is a function of the human population problem, but he expressed a very controversial view on how to solve this problem.

What is Hardin's proposed solution for the human population problem?

A recently proposed approach to mitigating the tragedy of the commons is to establish private ownership of resources. Based on your understanding of the concept of tragedy of the commons, how might private ownership solve the problem?