The Tragedy of the Commons in the Caspian Sea
Article from: OGEL 4 (2007), in Environment
Introduction
Present-day society is experiencing a progressive shortage of natural resources and rising pollution levels due to escalated energy and manufacturing demand from the developing countries as well as the exponential human population growth that increased six times in the last two centuries. This is better known as the tragedy of commons. According to Hardin's definition, "the Tragedy of the Commons model predicts the eventual overexploitation or degradation of all resources used in common due to geometrical growth of the earth's population".[1] This paper is focused on one of the ...