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John Koch
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For Thursday’s class, I would like to discuss the differences between common property resources and open-access resources. Kahn uses the buffalo population as an example of common property, explaining that the cultural traditions of Native Americans served as restrictions to limit the magnitude of hunting. Only when non-Native Americans, who considered conservative hunting to be pointless, did the buffalo become endangered. It would be interesting to explore whether or not policy changes today could create the common property effect. Furthermore, I would be interested to see if it is possible to determine a point at which the benefits of preventing open-access exploitation are not worth the costs. Is it possible to determine that preserving a species is not in society’s best interest?
Toggle Commented Mar 11, 2015 on For Thursday at Jolly Green General
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Mar 11, 2015