unit 3 part 4 Flashcards
1
Q
Governance
A
- Processes through which decision rules are made (e.g.
policies, norms, laws) - Who is involved?
- State actors
- Non-state actors (e.g. NGOs, businesses, communities
2
Q
what are the commons
A
- Common-pool resources (CPR)
- A valued natural or human-made resource or facility
that is available to more than one person and
subject to degradation as a result of overuse
3
Q
characteristic of the commons
A
- non-excludable:Controlling access by potential users is very costly
difficult or virtually impossible - rival(subtractable):Exploitation by one user reduces the quantity or quality available for other users
4
Q
example of commons
A
- the ocean(hard to control acess)
- biodiversity
- forests
5
Q
what is the tragedy of the commons ?
A
when individuals,acting independly and rationally(maximize economic interests),will deplate a shared resource,even when doing so is not in their long-term interest
ex:i have to or someone else will
6
Q
key ideas
A
- benefit is individual
- cost will be collective
- incentives to maximize individual benefit
- free-riders
-Individuals that overuse the resource without concern for others
-Little to no contribution for maintaining the commons
7
Q
example
A
-blue fish
collepsed in the 90’s
-fishermen maximized their profit
8
Q
the tragedy
A
is that the incetive is to overconsume because the cost will be to high otherwize or just for an individual benefit
9
Q
what assumptions the author had
A
- All individuals are selfish, norm-free and maximize short term returns
- Absence of organization and lack of cooperation amongst users
- No rules or norms regulate the commons
- Privatization (i.e. private property) or centralized government (i.e. state property are the only
solutions for avoiding the tragedy
10
Q
Re-examining the Tragedy
A
- Individuals do not always act in selfish and short-sighted ways
- Types of users:
-Self-interested
-Unwilling to cooperate unless they are
assured they will not be exploited
-Willing to cooperate hoping others do the same
-Genuine altruists
11
Q
Re-examining the Tragedy
A
- Hardin’s theory works when no ownership exists
- More solutions exist than those advocated by Hardin
- Property rights regimes
-Open access
-Private property
-State property
-Communal property*-something he forgot/ignored
12
Q
open access
A
- Absence of well-defined
property rights - Access is unregulated and
open to everyone
ex:ocean
13
Q
PRIVATE PROPERTY
A
- Regulation of resource use is
vested on an individual or firm - Right to exclude others from
using the resource
14
Q
STATE PROPERTY
A
- Rights exclusively vested in
government - Government regulates
access and use
15
Q
COMMUNITY
A
- Rights held by an identifiable
community of users - Use by community members is
regulated - Right to exclude outsiders