Can you help me understand this Economics question?
discussing the possible use of common property to address the commons problem. Please develop your discussion within the context of either (1) Acheson and the lobster fiefs or (2) Cinner and customary marine tenure in the Indo-Pacific. Note: you don’t have to read Acheson if you read Cinner and vice versa, but in either case you should show evidence of having read Hardin and either Wade or Seabright.
Conceptual Assignment
Reading.
Read this or Seabright.
Wade, R. 1987. “The Management of Common Property
Resources: Finding a Cooperative Solution.”
World Bank
Research Observer
2(2): 219-234.
pdf file is available on class website.
Conceptual Assignment
Reading.
Read this or Wade.
Seabright, P. “Managing Local Commons: Theoretical Issues in
Incentive Design
.” Journal of Economic Perspectives
7(4): 113-
134.
Application Assignment
Reading.
Read this or Cinner.
Acheson J. 1975. “The Lobster Fiefs: Economic and Ecological
Effects of Territoriality in the Marine Lobster Industry.”
Human
Ecology
3:183-207.
Application Assignment
Reading.
Read this or Acheson.
Cinner, J. 2005. “Socio-Economic Factors Influencing Customary
Marine Tenure in the Indo-Pacific.
Ecology and Society
10(1):1-36.