Lecture 5 - Need for Resource Management Flashcards
Mare Liberum
“freedom of the seas”
Common Pool Theory or Tragedy of the Commons (definition)
Phenomena that involves a conflict for resources between individual interests and the common good
Garrett Hardin applied economics to CPT to describe what?
How free access and unrestricted demand for a finite resource ultimately dooms the resource through overexploitation
According to CPT, who receives the benefits of exploitation?
Benefits of exploitation accrue to individuals, each of which is motivated to maximize his or her own use of the resource (aka benefits are privatized)
According to CPT, who pays for the costs of exploitation?
Costs of exploitation are distributed between all to whom the resource is available (aka costs are socialized)
Commons (definition)
Any shared and unregulated resource
Examples of commons
1) atmosphere
2) rivers
3) oceans
4) fish stocks
CPT points out what kinds of problems?
Those that cannot be solved by technical means, such as human values or idea of morality.
According to Elinor Ostrom, how can we avoid the tragedy of the commons?
1) understand the nature of the resource
2) recognize when resources are depleted
3) understand nature of the community using the resource
Ostrom’s 8 design principles for managing a commons
1) define clear boundaries
2) proportional equivalence of benefits and costs: match rules governing use of goods to local needs and conditions
3) local autonomy: make sure the rule-making rights of community members are respected by outside authorities
4) collective choice: ensure that those affected by the rules can participate in modifying the rules
5) monitoring: develop a system, carried out by community members, for monitoring member’s behavior
6) graduated sanctions for rules violators
7) fast and fair conflict resolution: provide accessible, low-cost means to dispute resolution
8) build responsibility for governing the resource in nested tiers from the lowest level up to the entire interconnected system
What are some of the false assumptions of Hardin’s tragedy of the commons?
1) communities are unable to appropriately determine who is able to access the resource (i.e. how many people) and when (i.e. seasonality of harvest)
2) members do not communicate to adjust rules, check that others are obeying rules, etc.
3) communities are unable to adapt to improve the resiliency of the resource
4) members do not trust one another
Terrestrial vs Marine: Openness of local environment
Terrestrial: less
Marine: greater
Terrestrial vs Marine: Species fecundity
Terrestrial: low for mammals, low for invertebrates and small vertebrates
Marine: low for mammals, higher for inverts and small verts
Terrestrial vs Marine: Response to environmental variability
Terrestrial: lower
Marine: faster
Terrestrial vs Marine: Sensitivity to environmental variability
Terrestrial: lower
Marine: greater