Lecture Notes: click here.

Reading Materials:

1. Garrett Hardin, "The Tragedy of the Commons," in GPB ch. 03.

2. Susan J. Buck, “No Tragedy of the Commons,” in GPB ch. 04

3. David Feeny, et al., “The Tragedy of the Commons: Twenty-two Years Later” in GPB ch. 05.

Internet Research Materials:

• Introduction to Game Theory
• Tragedy of the Commons

Discussion Questions:

1. What is “hard” law? What is “soft” law? What are different legal approaches in environmental protection? Identify and give an example.
2. Discuss the issue of externalities. What are the possible solutions for externalities?