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Tragedy of the Commons - Over-harvesting hit Texas oysters

Graham Watson

29th November 2023

A good example here of the negative externalities of climate change and the problems associated with common access resources, with overfishing harming Texas oyster farmers. As a result, of the closure of a number of oyster reefs, the authorities drive a frenzy on the remaining reef, a classic example of the Tragedy of the Commons.

Tragedy of the Commons - Over-harvesting hit Texas oysters

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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