ESPM 1011 Lecture Notes - Lecture 3: Free Rider Problem, Carbon Tax, Community Forestry

• School: UMN
• Department: Environment Sci, Policy, Mgmt
• Course: ESPM 1011
• Professor: Amit Pradhananga

Document Summary

One person(cid:438)s consumption does not affect others. Contribute to public good production and receive benefits. Problem because public goods cannot be denied to free-riders. One person(cid:438)s consumption reduces availability for others. Literature (cid:437)picture a pasture open to all(cid:438) Ruin is inevitable (cid:440)freedom in a commons brings ruin to all(cid:441) What hardin was describing was not (cid:440)the commons(cid:441) What hardin admitted he should have named it. Exclusive to particular social groups who define the rules of use. Laws that tell people what they can and can(cid:438)t do. Primary approach to addressing environmental issues in the us. Particularly issues in the 1960s and 70s. Control dumping of pollutants in water bodies. Ban on the use of leaded gasoline. People who own it are more likely to invest in it. Provide information about environmental conditions and desired behavior. Information by itself is not very effective in changing behavior. Property rights for communities to use and manage resources.