300 word answer

Tietenberg and Lewis discuss the tragedy of the commons in Chapter 2, a situation that is exits in many open access fisheries. For this week’s forum, please address the following questions after looking at the videos listed below.

Why is open access fishing a problem from both an economic and environmental perspective? What policies can be used to address these problems?  Are there government policies intended to help fisherman that can actually make things worse?

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CSF Video – Intro to Fisheries Management https://www.youtube.com/watch?list=PLBfu1mD9hk66c1Q23AOAAhCvkVLC2XZKm&v=Z4AXnZOsrK8
CSF Video – Maximum Economic Yield https://www.youtube.com/watch?v=7DNhqtYf47E
CSF Video – A Closer Look at Fisheries https://www.youtube.com/watch?v=yJjYJ4iS_Gs&t=30s
CSF Video – Fisheries Subsidies and Taxes https://www.youtube.com/watch?v=YsDvxir7YsI
CSF Video – Individual and Transferable Quotas https://www.conservation-strategy.org/csf-economic-video/fisheries-economics-policy-individual-and-transferable-quotas

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