1-7 Tragedy of the Commons

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Tragedy of the commons

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14 Terms

1

Tragedy of the commons

The tendency of a shared, limited resource to become depleted if it is not regulated in some way

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2

The tragedy of the commons only applies to

public resources

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3

When many people share a common resource without agreement on or regulation of its use, it is likely to

become overused very quickly

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4

Tragedy o fthe commons examples

  • Overgrazing

  • Overfishing

  • Water and air pollution

  • Overuse of groundwater

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5

Example of overuse of groundwater

Colorado River

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6

Externality

The cost or benefit of a good or service that is not
included in the purchase price of that good or service

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7

No one directly suffers the consequences of overuse of

Public resources

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8

How to solve the tragedy of the commons

  • Private land ownership

  • Fees for use

  • Taxes/fines/criminal charges for polluters

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9

More than 95% of all federal lands are all managed by

Four federal agencies

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10

What are the four federal agencies

  1. Bureau of Land Management (BLM)

  2. U.S. Forest Service (USFS)

  3. National Park Service (NPS)

  4. Fish and Wildlife Service (FWS)

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11

Bureau of Land Management (BLM)

Grazing, mining, timber harvesting and recreation

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12

U.S. Forest Service (USFS)

timber harvesting, grazing, and recreation

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13

National Park Service (NPS)

Recreation and conservation

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14

Fish and Wildlife Service (FWS)

conservation, hunting, and recreation

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