Quotas on North Atlantic Cod Fishing

UK Landfill Tax

Strategic Interaction Analysis

Managing a Common Water Resource

A coastal community relies on a shared, open-access fishing ground. In recent years, the fish population has declined sharply due to overfishing, threatening the livelihood of all fishers. Which of the following government interventions best addresses the underlying structure of this problem by directly limiting resource extraction?

Policy Instruments for Environmental Protection

Match each large-scale social dilemma with the government policy best designed to address it by altering individual incentives.

A government aims to reduce traffic congestion in a city center, a problem where individual drivers acting in their own self-interest create collective delays. To achieve this, the government introduces a policy that reduces the tax on gasoline. This policy is an effective way to align individual incentives with the collective goal of reducing congestion.

A government is attempting to reduce industrial air pollution, a problem where the collective cost to public health is not factored into the decisions of individual firms. Four policy options are proposed. Which policy is most likely to be criticized for being economically inefficient by forcing a single solution on all firms, regardless of their unique costs or potential for developing better pollution-reduction methods?

Evaluating Pollution Reduction Policies

Designing a Policy for Antibiotic Stewardship

Evaluating Water Conservation Policies

Policy Instruments for Environmental Protection