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DISCUSSION 288

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What is the tragedy of the commons and why is it problematic? How does the example of grazing sheep on unregulated shared (or public) land help illustrate the tragedy of the commons? Likewise how does the example of fishing in unregulated shared (or public) waters help illustrate this tragedy? What are some modern day examples of the tragedy of the commons? Finally what are some ways to avoid this tragedy? Please be specific.

 
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