Question: Consider the following criteria utilized when determining whether or not a resource is at risk of a Tragedy of the Commons scenario to occur. Short

Consider the following criteria utilized when

Consider the following criteria utilized when determining whether or not a resource is at risk of a Tragedy of the Commons scenario to occur. Short term cost of resource is low Resource is consumable/cannot be shared Individuals have equal, unrestricted access to resources Resource can reproduce at a set rate/Resource is scarce 1. Provide two examples of solutions that can be implemented in order to prevent a resource from being exhausted. How do these solutions modify or change the criteria listed above? (see lecture video for help/examples here)

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