Question: Common pool resource systems are usually: changeable crowded cost-effective complex Select all that applies. The inherent logic of the commons: remorselessly generates tragedy lends itself
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Common pool resource systems are usually:
changeable
crowded
cost-effective
complex
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Select all that applies. The inherent logic of the commons:
remorselessly generates tragedy
lends itself well to purely technical solutions
compels rational individuals to make decisions beneficial to all
allows us to have the cake and eat it, too
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Select all that apply. Solutions to common pool resource problems can be found in:
privatization
harsh punishment
central regulation
highly customized common property regimes
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When we consider any potential reform, we should only debate the merits and drawbacks of the proposed reform
True
False
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Decisions reached individually which maximize individual utility always maximize utility of the entire society as a result
True
False
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Please select all that apply. Common pool resources feature:
difficulty of exclusion of users
all of these features
subtractability of the good and the possibility of its depletion
only agricultural systems
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Select all that apply. Individual freedom in a common pool resource system:
may be ensured by appealing to individual morality and shaming
brings ruin to all
may be ensured by instituting a mutually agreed upon mechanism of coercion
is desirable and must be protected
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In a common pool resource system, individuals acting rationally are likely to enjoy prosperity
True
False
More than one option can be selected in all the questions except the True/False ones so please answer completely.
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