Unit 4 group db: common resources and public goods

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Select a familiar or local Common Resource or Public Good (see text for examples to consider).

  • Assess the existence of free riders, externalities, cost-benefit analysis, likelihood of a “Tragedy of the Commons” issue, etc.
  • Evaluate the controls currently in place to protect or maintain the resource/good
  • Discuss the sustainability or need for change of the current status.