Common Pool Resource Management. Unlike pure public goods common pool resources face problems of congestion or overuse because they are subtractable. This paper discusses how the theoretical assumptions of common pool resource cpr theory may have inadvertently contributed to the unfulfilled expectations of commons projects.
Common pool resources cpr such as forests underground water basins grasslands and fisheries are often managed by a combination of government action and market mechanisms. This paper discusses how the theoretical assumptions of common pool resource cpr theory may have inadvertently contributed to the unfulfilled expectations of commons projects. Each presents a summary set of conditions critical to sustainability of commons institutions.
Common pool resource a resource made available to all by consumption and to which access can be limited only at high cost.
One of the greatest challenges we face when managing natural resources for long term human benefit is the common pool problem. Unlike pure public goods common pool resources face problems of congestion or overuse because they are subtractable. Use two important management tools to govern the resource pool the cost associated with each resource in pool and availability of each resource. Elinor ostrom shared the nobel prize in economics in 2009 for her lifetime of scholarly work investigating how communities succeed or fail at managing common pool finite resources such as grazing land forests and irrigation waters.
