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Problem 1 Common-Pool Resources (20 Points in total) In this problem we use the economic model of fisheries to analyse an increase in the price

Problem 1 Common-Pool Resources (20 Points in total)

In this problem we use the economic model of fisheries to analyse an increase in the price of fish and an improvement in the technology to catch fish. This short clip discusses price increases and the pressures on the Bluefin Tuna population. https://youtu.be/7eZuRHnDwOg

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