Theorists adopting the collective goods approach suggest which solution to the tragedy of the commons problem?

Question

Quizplus · Accepted Answer

The collective goods approach suggests that a centralized authority, such as the government, should tax those who do not cooperate or behave in a way that negatively affects the commons. This tax provides an incentive for individuals/groups to change their behavior and protect the commons. By restructuring their preferences, these individuals become more cooperative and this reduces the problem of the tragedy of the commons. Therefore, option C is the best choice. Options A and B may lead to increased competition for resources, which exacerbates the problem. Option D may not address the root cause of the problem and could be seen as rewarding negative behavior.

Theorists Adopting the Collective Goods Approach Suggest Which Solution to the Tragedy