Section IV: Essay 15 Points Eachl Don't forget to Dene. Diagram. and Discus\" 1. One argument environmental economists make regarding climate change is that the root cause of environmental degradation and environmental overuse is that certain resources do not have institutions regulating their use and access. In a brief essay= explain a) how the lack of these institutions lead to overuse and b) vvhat types of' institutions can solve this problem. As part of your answer= you MUST refer to the Tragedy of the Commons