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Question
which of the following would most likely suffer from the tragedy of the commons? international fishing waters that belong to everyone a golf course owned and maintained by a private company a private homeowners backyard and front lawn heavily forested land totally owned by a private company
The tragedy of the commons occurs when a resource is owned by everyone (no one has exclusive responsibility). International fishing waters are a common - pool resource. Fishers may over - fish to maximize their own catch (as they don't bear the full cost of depletion), leading to resource degradation. A private golf course, a private homeowner's yard, and privately - owned forested land have clear owners. The owners have an incentive to manage these resources sustainably (e.g., the private company with the golf course wants it to be in good condition for customers; the private landowner may manage the forest for long - term timber production).
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international fishing waters that belong to everyone