Non excludability&property right- good answers

Watch
hawalovesyou
Badges: 1
Rep:
?
#1
Report Thread starter 7 years ago
#1
EXPLAIN THE TERM NON EXCLUDABLE AND ANALYSE WHY PROPERTY RIGHTS WERE NOT IN THE PAST ALLOCATED TO OWNERSHIP OF FISH STOCKS(10)
Most goods are private goods which are excludable. the owner of provate goods such as fruit on sale in a greengrocers shop can stop gaining the benefits of pples and pears in the sop uncless customers pay for the goods. however pure public goods such as national defence are non excludable. if provided for one person they are privded for all. ither people cannot be xcluded they can free ride ie benefit without paying.
shopkeers own the property rights over the goods they wish to sell.selling the goods transfers property rights over the foods they wish to sell. Selling the good transfers prperty rights to the new owners.By contrast, outside of national fishing limits, nobody owns the fish swimming the ocean so nobody and can excerise proerty rights over fish stocks. without international law being changed and then enforced and policed is is possible to prevent fishing boats fishing boats catching fish for free. the oceans fish are therefore largely non excludable. But though non excludable, ocean fish are certainly nowadays exhaustible. overfishing deplets the fish stock, perpahs eventually below a critical level beyond which the fish stock cannot replace itself. however this was not true in the past when fishing technology was primitive and there was a super abundance of ocean fish.
0
reply
TSR Learn Together
Badges: 9
Rep:
?
#2
Report 7 years ago
#2
Hi there,

While you're waiting for an answer, did you know we have 300,000 study resources that could answer your question in TSR's Learn together section?

We have everything from Teacher Marked Essays to Mindmaps and Quizzes to help you with your work. Take a look around.

If you're stuck on how to get started, try creating some resources. It's free to do and can help breakdown tough topics into manageable chunks. Get creating now.

Thanks!

Not sure what all of this is about? Head here to find out more.
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Do you think receiving Teacher Assessed Grades will impact your future?

I'm worried it will negatively impact me getting into university/college (171)
44.19%
I'm worried that I’m not academically prepared for the next stage in my educational journey (43)
11.11%
I'm worried it will impact my future career (32)
8.27%
I'm worried that my grades will be seen as ‘lesser’ because I didn’t take exams (83)
21.45%
I don’t think that receiving these grades will impact my future (36)
9.3%
I think that receiving these grades will affect me in another way (let us know in the discussion!) (22)
5.68%

Watched Threads

View All
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise