Post Common Resources are both Rival and Non Excludable which means that the use by one individual imposes an negative externality upon everyone else Without an intervention by a government, these items will be destroyed by over use Where do we see Common Resource problems in everyday life Traffic on the Freeway Pollution in the Environment Fish in the Ocean Define a Common Resource Problem in society and or the world Why is this a Common Resource Problem Offer a Coase, Tax, or Regulation solution to your problem Explain how your solution will limit the negative externality of the problem (Remember Common Resource Externalities are generated by overconsumption)

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Question: Post- Common Resources are both Rival and Non-Excludable which means that the use by one individual imposes an negative externality upon everyone else. Without an

Post-

Common Resources are both Rival and Non-Excludable which means that the use by one individual imposes an negative externality upon everyone else. Without an intervention by a government, these items will be destroyed by over use.

Where do we see Common Resource problems in everyday life?

Traffic on the Freeway
Pollution in the Environment
Fish in the Ocean

Define a Common Resource Problem in society and/or the world.

Why is this a Common Resource Problem?

Offer a Coase, Tax, or Regulation solution to your problem. Explain how your solution will limit the negative externality of the problem. (Remember- Common Resource Externalities are generated by overconsumption)

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