3. Carefully define a common-pool natural resource relative to both private goods and pure public goods. Provide
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3. Carefully define a common-pool natural resource relative to both private goods and pure public goods. Provide an example. Use this example to explain the tragedy of the commons. If resource users can govern themselves, what sort of rules might prevent the commons from becoming damaged from overuse?
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Environmental And Natural Resources Economics Theory Policy And The Sustainable Society
ISBN: 9780765614728
3rd Edition
Authors: Margaret Ray ,David A. Anderson
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