This chapter examines several collective action problems, such as the tragedy of the commons, the stag hunt, and the example of fish stocks. All these examples show the problems that arise when individual self-interest conflicts with collective efforts, and why collective action tends to fail, even taking into consideration enlightened self-interest. There is a solution to making sure everyone cooperates. Explain what this solution is and give at least one example of how it resolves a collective action problem.
What will be an ideal response?
Ans: According to the author, the solution to collective action issues is government regulation. A tragedy of the commons is created when individuals overexploit the shared resource. Thus, creating a fear of punishment for overexploitation will provide a solution to the issue.
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How might the Prisoner's Dilemma from Chapter 9 apply to free trade and protectionism? a. All states have an incentive to cooperate in free trade policies, and those who do not cooperate are excludedfrom the global system
b. Even though it is in everyone's best interest for all states to have free trade, individual states have an incentiveto enact protectionist policies. c. Free trade is the most desirable outcome in the global economy; therefore, all states will comply with theglobal norms of cooperation. d. Trade is bad for people who are incarcerated.
What makes party-dominated legislatures different from committee-dominated ones?
a. Only party-dominated legislatures provide voting clues for legislators. b. In committee-dominated systems, only committee members actually vote on the bill. c. In party-dominated legislatures, there are no committees at all. d. In committee-dominated legislatures, committee recommendations often serve as guidelines for voting.
Which of the following is accurate with regard to the national debt in the United States?
a. The national debt as a percentage of GDP is about the same in the United States as it is in Japan. b. The national debt as a percentage of GDP is lower in the United States than it is in any other Western democracy. c. The national debt as a percentage of GDP is higher in the United States than it is in any other Western democracy. d. The national debt as a percentage of GDP is about the same as the GDP.
Which statement about India is FALSE?
a. Half of all Indian women are illiterate. b. India's population is expected to surpass that of China in the next decade or so. c. Many people have no written documents to prove their identity. d. Ethnic and religious clashes continue to plague the country. e. Most of India's people live in cities.