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Market failure

Summary Of: Common-pool resource

A common-pool resource typically consists of a core resource... where appropriators acting independently in relationship to a common-pool resource generating scarce resource units would obtain a lower total net benefit than what is achieved... a common-pool resource has the appearance of a...

Encyclodia Page On: Common-pool resource

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Common-pool resource".