Love this blog post that critiques the maximum sustainable yield concept in fisheries.
“Taking a big step up in scale, later work by Elinor Ostrom and more fisheries specific by Bonnie McKay and James Wilson question the assumption of tragedy of the commons. They documented real-life communities that despite incentives to participate in the race to fish, managed to self-organize to manage their commons in a sustainable manner for hundreds if not thousands of years.”
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