"No Panaceas!" Elinor Ostrom talks with Fran Korten
"Fisheries: Lost property" from the Economist
Thoroughly answer all of the following questions to the best of your ability in complete sentences on another piece of paper.
1a. Describe and explain your results in Part 1.
1b. Describe and explain your results in Part 2. Discuss how they compared to Part 1.
2. Explain the rationale for your fishing technique in each part.
3. What is the “tragedy of the commons?”
4. Why does common usage lead to exploitation?
5. What would be an ideal way to manage the commons pond? Explain.
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