Tragedy Of The Commons

 

How does this article related to manufacturing tie into the concept of “the tragedy of the commons?” Read the article below to further understand this concept. Also, are there any current events related to environmental policy, regulation, and law to share with the class?

Finally, in an effort to gain your honest feedback to use to improve the course, please feel free to let me know your thoughts on the course.

Reading:

Greenstone, M., List, J. A., & Syverson, C. (2012). The effects of environmental regulation on the competitiveness of US manufacturing (No. w18392). National Bureau of Economic Research.

Hardin, G. (1968, December 13). The tragedy of the commonsScience, 162(3859), 1243-1248.
DOI: 10.1126/science.162.3859.1243

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