What Are Common-Pool Resources? Definitions and Key Examples

Discover how common-pool resources, like forests and fisheries, are shared goods prone to overuse. Learn their economic impact and strategies to manage the 'tragedy of the commons.' ...
Purdue University

Game theory research reveals fragility of common resources

WEST LAFAYETTE, Ind. – New research in game theory shows that people are naturally predisposed to over-use “common-pool resources” such as transportation systems and fisheries even if it risks failure ...
PE Hub

Common Resources Sells for $805 Million

Common Resources LLC, an oil and gas exploration company, has been sold in a pair of transactions totaling $805 million. EXCO Resources Inc. (NYSE: XCO) and BG Group PLC (LSE: BG.L) bought Common’s ...
Business Wire

Common Resources, LLC Completes Sale for $805 Million

HOUSTON--(BUSINESS WIRE)--Common Resources, LLC (“Common”) today announced the completion of the sale of the company for a total purchase price of $805 million, subject to customary purchase price ...
UNESCO

Cultural resources, common goods, and the futures of the right to education

To conceive of the futures of the right to education means analyzing educational shortcomings of the present in the light of new opportunities. A qualitative step forward is now possible given both ...
Science Daily

Game theory research reveals fragility of common resources

People are naturally predisposed to over-use "common-pool resources" such as transportation systems and fisheries even if it risks failure of the system, to the detriment of society as a whole, new ...