The Tragedy of the Commons occurs with whales because:
A)whales are a public good
B)whaling is a cruel practice
C)whalers often don't have property rights to whales
D)the private incentives of the whalers are in line with social incentives

Question

Quizplus · Accepted Answer

Whalers often don't have property rights to whales, which means they have no incentive to conserve the population since they don't own the whales. This results in overfishing and the depletion of the whale population, which is an example of the tragedy of the commons.

The Tragedy of the Commons Occurs with Whales Because