Discuss the effects of technological improvement in an industry that uses a commonproperty resource. For example, consider
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Discuss the effects of technological improvement in an industry that uses a commonproperty resource. For example, consider a technological improvement in fishing equipment that makes it possible to cut the costs of a fishing boat trip in half. Technological progress usually increases net social benefit. Does it do so in this case? How would your answer be affected by government policies relating to this industry?
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Environmental And Natural Resource Economics A Contemporary Approach
ISBN: 9781138659476
4th Edition
Authors: Jonathan M. Harris, Brian Roach
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