chapter 7 : which of the following kinds of property rights is associated with the tragedy of the commons…
chapter 7 : which of the following kinds of property rights is associated with the tragedy of the commons? select one: a. private ownership b. open access c. communal ownership d. state ownership
Answer
Brief Explanations:
The Tragedy of the Commons occurs when resources with open - access are over - exploited as individuals act in their self - interest. Private ownership, communal ownership, and state ownership can have management and conservation mechanisms in place, reducing the over - exploitation problem typical of the Tragedy of the Commons.
Answer:
b. open access