Relevance of tragedy of commons.

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Chapter 17, Problem 20APA

To determine

Relevance of tragedy of commons.

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#1. Lila shares a house with two other people. She is a concert pianist and often practices at home. One roommate enjoys listening to her practice, but the other does not. For the roommate who enjoys listening to Lila play, this is an example of ________; for the other roommate, it is an example of ________. a. the tragedy of the commons; the third-party problem b. a positive externality; a negative externality c. a positive externality; the free-rider problem d. the free-rider problem; the tragedy of the commons e. a negative externality; the tragedy of the commons

1. Cattle grazing in a farmer's pasture do not suffer from the tragedy of the commons but explain why are fish in the ocean an example of a resource that suffers from the tragedy of the commons?

1. Explain how a global-positioning anti-theft device installed by one car owner can produce a positive spill over to other citizens in a community. 2. Why are fish in the ocean an example of a resource that suffers from the tragedy of the commons but cattle grazing in a farmer’s pasture does not suffer from the tragedy of the commons?