Common Pool Resource Vs Public Good. The main difference is their rivalry property. These resources such as water can be when in its natural state are known as common pool resources.
An irrigation system or fishing grounds whose size or characteristics makes it costly but not impossible to exclude potential beneficiaries from obtaining benefits from its use. A decentralized group of. Common pool resources are susceptible to overuse and are thus.
De geesty john k.
De geesty john k. Common resources sometimes called common pool resources are like public goods in that they are not excludable and thus are subject to the free rider problem. The main difference is their rivalry property. Some classic examples of common pool resources are fisheries forests underwater basins and irrigation systems.
