Tragedy of Common and CBA

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  • 8/12/2019 Tragedy of Common and CBA

    1/11

    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 1

    Ass'"nmen% 6(ra"edy of )ommons

    Done by: Waqas Sher Zaman

    For: Prof. Ed.DeJaegher

    Date: 8th March 20!

    ef'n'%'on of a (ra"edy of %he )ommons Pro*+em

    "ragedy of the common can be def#ned as a s#t$at#on %hen #t becomes &ery cha''eng#ngand $neconom#ca' to e'#m#nate the (robab'e $sers from a common (oo' reso$rce that

    y#e'ds '#m#ted f'o% of benef#ts) d$e to %h#ch the reso$rces can be e*ha$sted by rat#ona')

    $t#'#ty ma*#m#+#ng #nd#d$a' rather than conser&ed for the benef#t of a''. ,J$'#a -et+e'

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 2

    So'+ )on%am'na%'on

    So#' contam#nat#on #s ca$sed d$e to b$ry#ng) s(#''#ng or m#grat#on of ha+ardo$s chem#ca's#nto $ncontam#nated so#'. So#' contam#nat#on occ$rs %hen ha+ardo$s mater#a's are

    d#s(osed #m(ro(er'y) thro$gh the a(('#cat#on of fert#'#+ers and (est#c#des) or d$e to

    #nd$str#a' (rocesses and chem#ca's. F$rthermore) these harmf$' s$bstances can bede(os#ted d$e to contam#nated %ater %ashes from an area or #f the (art#c'es generated

    from #nd$str#a' smo/estac/s dro( from the a#r and comb#nes %#th the so#'. ,''#no#s

    De(artment of P$b'#c -ea'th

    eason Why So'+ )on%am'na%'on s mpor%an% ss/e

    1ontam#nated so#' does not on'y h#nder the gro%th of ('ants and cro(s) b$t #t #s a'so(ossessed a b#g threat to those (eo('e or an#ma' %h#ch are e*(osed to #t. Some of the

    harmf$' effects of so#' (o''$t#on are '#sted #n the tab'e be'o%

    o es#r'p%'on Effe#%s

    P'ants (re&ents ('ant gro%th) dead 'ea&es) 'eaf b$rn) st$nted gro%th and(o#sono$s fr$#ts and &egetab'es

    2 Water contam#nat#onsoa/#ng of ra#n #nto contam#nated so#' th$s (o''$t#ng $ndergro$nd%ater ma/#ng #t $ns$#tab'e for h$man cons$m(t#on

    -ea'th ss$escan ca$se h#gh b'ood (ress$re) ner&o$s system d#sorders) d#fferentty(e of cancers and 'earn#ng d#sab#'#ty #n ch#'dren3s

    ! Ecosystem ba'ancecan ca$se e$tro(h#cat#on (rocess %h#ch can t$rn 'a/es and (onds#nto dry 'ands

    4 5and $se

    contam#nated 'and cannot be $sed for any act#t#es $nt#'

    remed#at#on (rocess #s carr#ed o$t

    (a*+e 1 Effe#%s of so'+ #on%am'na%'on

    Se% of A+%erna%'e Proe#%s

    Fo''o%#ng t%o (ro6ects are (ro(osed to co$nter so#' contam#nat#on

    Proe#% 1 4and 5arm'n"

    t #s a techn#q$e of treat#ng contam#nated so#' by s(read#ng the e*ca&ated

    contam#nated so#' #n 'ayers on the gro$nd and thereafter st#m$'at#ng aerob#c

    m#crob#a' act#ty by aerat#ng and the add#t#ons of mo#st$re) n$tr#ents and

    m#nera's. "h#s m#crob#a' act#ty ser&es as a ca$se of degradat#on of contam#nated(art#c'es #n contam#nated so#'. ,7.S Enronmenta' Protect#on gency

    Proe#% 2Propose a%'ona+ En'ronmen% S%andard

    n th#s (ro6ect a nat#ona' enronmenta' standard #n order to assess and manage

    so#' contam#nants #s (ro(osed.

    Benef'%s )os%s of %he Proe#%

    Proe#% es#r'p%'on)os% Amo/n%8 es#r'p%'onBenef'%s Amo/n%8

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  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 3

    Pro

    ject1

    Pre9treatment cost 400)000 -ea'th benef#ts )400)0

    5abor cost 2)000)000 1ommerc#a' benef#ts 4)000)0

    Mon#tor#ng cost ;40)000

  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". &

    for any act#ty e#ther #t #s agr#c$'t$ra' or any other commerc#a' act#ty) nor #t can be

    $sed for constr$ct#on of any $n#t. F$rthermore) remed#at#on of contam#nated so#' %#'' a'so

    sa&es the o%ner cost to s(end money on remed#at#on (rocess s#nce %#th these (ro6ect %e%#'' be ab'e to remed#ate the so#' #n m$ch more cost effect#&e beca$se %e %#'' be treat#ng

    a 'arge n$mber of contam#nated s#tes.

    's#o/n% Benef'%s )os%s %o ;*%a'n %he Presen%

  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 9

    eferen#es

    J$'#a. ,n.d. To what extent is the tragedy of the commons restricting option when

    dealing with a global ecological crisis?.?etr#e&ed fromhtt(:==boo/s.goog'e.com.om=boo/s

    #dns5m%'dcs1(r#ntsecfrontco&erdqtragedyGofGtheGcommonsGeboo/

    B2h'ensaHe#c7a74yIc"ayg>>.epa."o=o/s%=#a%=+andfarm.h%m

    Money-Z'ne. n.d. e% presen% a+/e #a+#/+a%or. e%r'eed Mar#h 9, 201&,

    from h%%p==>>>.money-?'ne.#om=#a+#/+a%ors='nes%men%-#a+#/+a%ors=ne%-

    presen%-a+/e-#a+#/+a%or=

    mailto:[email protected]:[email protected]://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://www.idph.state.il.us/envhealth/factsheets/leadsoil.htmhttp://www.ehow.com/info_8379014_importance-soil-pollution.htmlhttp://www.epa.gov/oust/cat/landfarm.htmhttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://books.google.com.om/books?id=nsLAmwldcsAC&printsec=frontcover&dq=tragedy+of+the+commons+ebook%23&hl=en&sa=X&ei=1cUaU5yVIcTaygOzkIHAAQ&redir_esc=y#v=onepage&q=tragedy%20of%20the%20commons%20ebook%23&f=falsehttp://www.idph.state.il.us/envhealth/factsheets/leadsoil.htmhttp://www.ehow.com/info_8379014_importance-soil-pollution.htmlhttp://www.epa.gov/oust/cat/landfarm.htmmailto:[email protected]
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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 6

    Project Paper Rubric

    Total 100 points

    Criteria Unacceptable Acceptable Proficient Student

    Points and

    Comments

    Defines tragedy

    of commons.

    Vaguely defines

    tragedy of

    commons or

    completely off the

    topic.

    (0-3 points)

    Defines tragedy

    of commons and,

    for the most part,

    fulfills assignment

    requirements.

    ( points)

    Defines tragedy

    of commons and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (" points)

    Discusses the

    selected tragedy

    of commons.

    Vaguely

    discusses the

    selected tragedy

    of commons or

    completely off the

    topic.

    (0-3 points)

    Discusses the

    selected tragedy

    of commons and,

    for the most part,

    fulfills assignment

    requirements.

    ( points)

    Discusses the

    selected tragedy

    of commons and

    demonstrates

    solid a!ility to

    accomplish theassignment.

    (" points)

    Discusses #hy

    the tragedy of

    commons is

    important.

    Vaguely

    discusses #hy the

    tragedy of

    commons is

    important or

    completely off thetopic.

    (0-3 points)

    Discusses #hy

    the tragedy of

    commons is

    important and, for

    the most part,

    fulfills assignmentrequirements.

    ( points)

    Discusses #hy

    the tragedy of

    commons is

    important and

    demonstrates

    solid a!ility toaccomplish the

    assignment.

    (" points)

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  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 7

    Discusses a set

    of alternati$e

    solutions.

    Vaguely

    discusses a set of

    alternati$e

    solutions or

    completely off the

    topic.

    (0-11 points)

    Discusses a set

    of alternati$e

    solutions and, for

    the most part,

    fulfills assignment

    requirements.

    (1%-13 points)

    Discusses a set

    of alternati$e

    solutions and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (1-1" points)

    Discusses

    #hose !enefits

    and costs count.

    Vaguely

    discusses #hose

    !enefits and costs

    count or

    completely off the

    topic.

    (0-3 points)

    Discusses #hose

    !enefits and

    costs count and,

    for the most part,

    fulfills assignment

    requirements.

    ( points)

    Discusses #hose

    !enefits and

    costs count and

    demonstrates

    solid a!ility to

    accomplish theassignment.

    (" points)

    mailto:[email protected]:[email protected]:[email protected]
  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". $

    Discusses the

    impact categories

    and measurement

    indicators.

    Vaguely

    discusses the

    impact categories

    and measurement

    indicators or

    completely off the

    topic.

    (0-3 points)

    Discusses the

    impact categories

    and measurement

    indicators and, for

    the most part,

    fulfills assignment

    requirements.

    ( points)

    Discusses the

    impact categories

    and measurement

    indicators and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (" points)

    &redicts the

    impacts

    qualitati$ely o$er

    the life of the

    pro'ect.

    Vaguely predicts

    the impacts

    qualitati$ely o$er

    the life of the

    pro'ect or

    completely off the

    topic.

    (0-3 points)

    &redicts the

    impacts

    qualitati$ely o$er

    the life of the

    pro'ect and, for

    the most part,

    fulfills assignment

    requirements.

    ( points)

    &redicts the

    impacts

    qualitati$ely o$er

    the life of the

    pro'ect and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (" points)

    Discusses the

    discount !enefits

    and costs in order

    to o!tain the

    present $alues.

    Vaguely the

    discount !enefits

    and costs in order

    to o!tain the

    present $alues or

    completely off the

    topic.

    (0-3 points)

    Discusses the

    discount !enefits

    and costs in order

    to o!tain the

    present $alues

    and, for the most

    part, fulfills

    assignment

    requirements.

    ( points)

    Discusses the

    discount !enefits

    and costs in order

    to o!tain the

    present $alues

    and demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (" points)

    Discusses the

    sensiti$ity

    analysis.

    Vaguely

    discusses the

    sensiti$ity

    analysis or

    completely off the

    topic.

    Discusses the

    sensiti$ity

    analysis and, for

    the most part,

    fulfills assignment

    requirements.

    Discusses the

    sensiti$ity

    analysis and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    mailto:[email protected]:[email protected]:[email protected]
  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". @

    (0-3 points)

    ( points) (" points)

    Discusses a

    potential

    resolution of the

    issue and #hy it

    #ould #or from

    an economic

    perspecti$e.

    Vaguely

    discusses a

    potential

    resolution of the

    issue and #hy it

    #ould #or from

    an economic

    perspecti$e or

    completely off the

    topic.

    (0- points)

    Discusses a

    potential

    resolution of the

    issue and #hy it

    #ould #or from

    an economic

    perspecti$e and,

    for the most part,

    fulfills assignment

    requirements.

    (* points)

    Discusses a

    potential

    resolution of the

    issue and #hy it

    #ould #or from

    an economic

    perspecti$e and

    demonstrates

    solid a!ility to

    accomplish the

    assignment.

    (+-10 points)

    ntegrates

    esta!lished

    managerial

    economics

    principles into the

    discussion.

    arely integrates

    esta!lished

    managerial

    economics

    principles into the

    discussion.

    (0- points)

    or the most part,

    does a good 'o!

    of integrating

    esta!lished

    managerial

    economics

    principles into the

    discussion.

    (* points)

    /onsistently does

    a good 'o! of

    integrating

    esta!lished

    managerial

    economics

    principles into the

    discussion.

    (+-10 points)

    mailto:[email protected]:[email protected]:[email protected]
  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 10

    ynthesies

    rele$ant

    information and

    materials to

    pro$ide e$idence

    of critical thought.

    ynthesies

    information at a

    minimal le$el.

    (0- points)

    or the most part,

    effecti$ely

    synthesies

    information, #hich

    supports main

    ideas.

    (* points)

    /onsistently and

    effecti$ely

    synthesies

    information, #hich

    pro$ides strong

    support to main

    ideas.

    (+-10 points)

    2ses supporting

    documentation

    that has !een

    properly

    references and

    cited.

    nadequate or

    minimal use of

    supporting

    documentation or

    not properly

    referenced or

    cited.

    (0-3 points)

    or the most part,

    uses supporting

    documentation

    that is properly

    referenced and

    cited.

    ( points)

    /onsistently uses

    supporting

    documentation

    that is properly

    referenced and

    cited.

    (" points)

    /onsidered

    holistically,

    demonstrates the

    a!ility to #rite at

    the graduate le$el.

    /onsidered

    holistically, the

    student

    demonstrates an

    inadequate a!ility

    to #rite at the

    graduate le$el.

    (0- points)

    /onsidered

    holistically, the

    student

    demonstrates an

    accepta!le a!ility

    to #rite at the

    graduate le$el.

    (* points)

    /onsidered

    holistically, the

    student

    demonstrates a

    proficient a!ility to

    #rite at the

    graduate le$el.

    (+-10 points)

    SubTotal

    Points =

    Turnitin.com Did not turn paper

    into Turnitin.com

    inus 10 points---- ----

    e$isions !ased

    on the originality

    eport.

    Did not re$ise

    paper !ased on

    the originality

    report

    ---- ----

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  • 8/12/2019 Tragedy of Common and CBA

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    Paper 6, MBA 723-01, By Waqas Sher Zaman, Prof. Ed e!ae"her,Mar#h $%h, 201&, p". 11

    inus 10 points

    Total Points

    mailto:[email protected]:[email protected]:[email protected]