Political Science 200 - Prisoner's Dilemma

Political Science 200 - Prisoner's Dilemma - Section 1 PLS...

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Section 1 PLS 200 11/02/07 Tragedy in the Oceans For as long as human beings have existed, they have fished the oceans. However, once a population grows large enough, certain actions must be taken to prevent large- scale problems from developing. For fishermen, there most prevailing problem is that of ocean life depletion. All players in this game are out to collect the most fish in order to make the most money and essentially ‘win’. Ocean life is an example of non-feasible exclusion, meaning it is a public good available to all. In the short-term it may also be classified as independent production as well as jointness of supply, meaning any single individual may gather this good and it is in equal measures for all individuals. The crisis occurs when too many people try to fish or some groups fish too much. Essentially there should be an abundance of fish. However, when more ocean life is being collected than replenished, the problem of ocean life depletion will arise. OCEAN LIFE
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Political Science 200 - Prisoner's Dilemma - Section 1 PLS...

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