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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (326494)2/22/2007 12:15:50 AM
From: TigerPaw  Read Replies (1) of 1576600
 
a real tragedy of the commons

Perhaps you didn't read the Tragedy of the Commons.

The Niger tree example that you cited was a good example. When the trees were owned by "nobody" or the "government" they were treated as a commons. The results were as predicted.

When the trees were no longer treated as a commons the outlook improved. Private ownership of a tangible asset is one way to remove an item from being a commons. Not everything is so easy to assign an unchanging certificate of ownership. This is where rules and regulations are required to tame the commons.

TP
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