The government failures in solving the tragedy of the commons - the example of EU Common Fisheries Policy

Rafal M. Jakubowski ()
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Rafal M. Jakubowski: Wroclaw University of Economics

Ekonomia i Prawo, 2010, vol. 6, issue 1, 435-445

Abstract: The tragedy of the commons occurs when too many users extensively use public goods, such: common pastures, fisheries, roads, etc. As it is shown in the paper (particularly basing on the UE fisheries policy), defining strong property rights to common resources (and allowing to trade these rights) may be the effective solution of the tragedy of the commons.

Keywords: government failures; tragedy of the commons; public goods; UE fisheries policy; property rights (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkeip:v:6:y:2010:i:1:p:435-445

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