Discuss if your assigned common pool resource is best managed by privatization or through collective action and why: (FOREST) The decision to privatize forest can be difficult to achieve because of the sheer amount and size of a forest. One of the best ways to maintain this common pool resource would be by using collective action. By utilizing collective action, communities can establish management rules that ensure sustainability. Because of the size and density of the forest, “larger communities may want to partner with government agencies for monitoring and enforcing while maintaining authority over management. (Dale, 2015) The ability to still use the natural resources as needed gives individuals and communities the chance to sustain themselves while maintaining the ecosystem.
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