The Tragedy of the Commons for sheep grazing on common land can be eliminated by the government doing each of the following except a. assigning land property rights. b. auctioning off sheep-grazing permits. c. taxing sheep flocks. d. subsidizing sheep flocks.

Question

Nigel Duffy

Business

9 October, 02:41

The Tragedy of the Commons for sheep grazing on common land can be eliminated by the government doing each of the following except a. assigning land property rights. b. auctioning off sheep-grazing permits. c. taxing sheep flocks. d. subsidizing sheep flocks.

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Answers (1)

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Paloma · Answer 1

The correct answer is d. subsidizing sheep flocks.

Explanation:

The tragedy of the commons is a dilemma described by Garrett Hardin in 1968, and published in the journal Science. It describes a situation in which several individuals, motivated only by personal interest and acting independently but rationally, end up destroying a limited shared resource (the common one) although none of them, either as individuals or together, suits them destruction happen.

Hardin uses the example to analyze the relationship between freedom and responsibility. Although his work has been harshly criticized by other authors, its publication began a broad debate on the analysis of human behavior in the areas of economics, psychology, game theory, politics, sociology, etc.

The dilemma is considered to represent an example of a social trap that emphasizes a social conflict over the use of common resources by implying a contradiction between the interests or benefits of individuals and common or public goods.