LAND USE CONCEPTS AND CLASSIFICATION Unit 5 FOCAL POINTS Tragedy of the Commons Externalities Maximum sustainable yield TRAGEDY OF THE COMMONS (1) Certain societies land was viewed as public Easter island As population increases, common lands tend to be degraded Overgrazed, overharvested, and deforested Concept of Tragedy of the Commons was introduced by Garrett Hardin in 1968 Tragedy of the Commons – the tendency of a shared, limited resource to become depleted because people act from self-interest for short-term gain Hardin observed that when individuals share a common resource without agreement, it is likely to become overused EXTERNALITIES Tragedy of the Commons is a result of negative externalities Externality – the cost or benefit of a good or service that is not included in the purchase price of that good or service If a farmer grazes too many sheep in a common pasture, the farmer is ultimately doing more harm than good As long as the pasture supports grazing, the farmer sees no individual harm but the cost is externalized to the other farmers If he is held accountable, then his cost will outweigh the benefit Prevent tragedy of the commons through privatization or regulation MAXIMUM SUSTAINABLE YIELD (1) Maximum sustainable yield – the maximum amount of a renewable resource that can be harvested without compromising the future availability of that resource MAXIMUM SUSTAINABLE YIELD (2)
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