Tragedy of the Commons Flashcards
1
Q
What is the tragedy of the commons?
A
When people overuse shared resources for personal gain, harming everyone in the longrun
2
Q
Who is Garrett Hardin, 1968?
A
He believed the best way to prevent the tragedy of commons was to limit the freedom to breed
3
Q
How can we prevent tragedy of the commons?-
A
privitize the commons by implementing permits for hunting/fishing
4
Q
What is a top-down approach to preventing tragedy of the commons?
A
External governance
5
Q
What is a bottom-up approach to preventing tragedy of the commons?
A
Internal governance
