The Tragedy of the Commons Will Be Evident When a Growing

Multiple Choice

The Tragedy of the Commons will be evident when a growing number of crocodile hunters leads to the loss of crocodiles in many rivers: Possible solutions to this problem include:

A) providing only a limited number of hunting permits to the hunters
B) internalising the externality by using crocodile farms to turn the animals into a private good
C) reduce the hunting season for crocodiles
D) all of the above could be done