Problem
1. List three common-property resources not discussed in this chapter to which the models explained in the chapter could be applied.
2. Discuss the implications on fishery policy decisions of each of the following:
(a) An increase in certainty about the catch per unit of effort
(b) An increase in certainty about growth rates
(c) An increase in monitoring technology
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.