Process reflectionPowerPoint PresentationTRAGEDY OF THE COMMONSPrisoner’s dilemmaLogic of collective actionPolicy prescriptionsTHE ONLY WAY?The only way(s)Slide 9Slide 10Slide 11Process reflectionProcess reflection1 of 3 5 page papersReflections on communicating the commonsWrite all you want but only hand in;Not less than 10 separate entries [concise]Not more than 5 pages1 of 3 5 page papersReflections on communicating the commonsWrite all you want but only hand in;Not less than 10 separate entries [concise]Not more than 5 pagesGOVERNING THE COMMONSTHREE INFLUENTIAL MODELSTragedy of the commonsThe prisoner’s dilemma game [formal game theory for Hardin’s tragedy]The Logic of Collective ActionTRAGEDY OF THE COMMONSTRAGEDY OF THE COMMONS“There in is the tragedy. Each man is locked into a system that compels him to increase his herd without limit – in a world that is limited. Ruin is the destination toward which all men rush, each pursuing his own best interest in a society that believes in the freedom of the commons.” [Hardin, 1968 p.1,244] WHAT ONE WORD betrays an ignorance of the commonsPrisoner’s dilemmaPrisoner’s dilemma[formal game theory for Hardin’s tragedy] Communication is forbidden, impossible or irrelevant = non-cooperative Know the options and outcomes but not the action of the other = complete knowledge “As long as individuals are viewed as prisoners, policy prescriptions will address this metaphor” [Ostrom p.7]Logic of collective actionLogic of collective action“Unless the number of individuals is quite small, or unless there is a coercion or some other special devise to make individuals act in their common interest, rational, self-interested individuals will not act to achieve their common or group interests.” [Olson1965,p.2] The free-rider problem.Policy prescriptions Policy prescriptions “If ruin is to be avoided in a crowded world, people must be responsive to a coercive force outside their individual psyches, a ‘Leviathan’ to use Hobbes term” (Hardin) State control or privatization “the only way to avoid the tragedy of the commons in natural resources and wildlife is to end the common property system by creating a system of private property rights.” (Robert J. Smith)THE ONLY WAY?THE ONLY WAY?“I would rather address…the capabilities of those involved to change the constraining rules of the game to lead to outcomes other than remorseless tragedies.” OstromThe only way(s)The only way(s)…a theoretical alternative to centralization or privatization as ways to solve CPR problems. Let us now briefly consider a solution devised by participants in a field setting - Alanya, Turkey.…a theoretical alternative to centralization or privatization as ways to solve CPR problems. Let us now briefly consider a solution devised by participants in a field setting - Alanya, Turkey.For next week: Choose a chapter of Capitalism 3.0. Prepare a summary ppt 5min PART 1: THE PROBLEM Chapter 1 Time to Upgrade 3 Chapter 2 A Short History of Capitalism 15 Chapter 3 The Limits of Government 33 Chapter 4 The Limits of Privatization 49 PART 2 : A SOLUTION Chapter 5 Reinventing the Commons 65 Chapter 6 Trusteeship of Creation 79 Chapter 7 Universal Birthrights 101 Chapter 8 Sharing Culture 117 PART 3 : MAKING IT HAPPEN Chapter 9 Building the Commons Sector 135 Chapter 10 What You Can Do
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