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Common Pool Resources include, for instance, fishing grounds, irrigation systems, forests and the atmosphere. Now more than ever, how we responsibly share and use those goods is a vital issue. This textbook introduces students of economics, business and policy studies to the key issues in the field. It uses a game-theory approach to help readers understand the mathematical representation of how to find equilibrium behavior in CPRs, how to identify the socially optimal appropriation, and how to measure the inefficiencies that arise. Algebra and calculus steps are clearly explained, so students...

The WSU community encompasses a wide variety of people, including past and current students, parents, professors, staff, and residents of surrounding neighborhoods. This remarkable photographic essay celebrates WSU's visual beauty in its buildings, sculptures, and local landmarks; the academic learning and research conducted in classrooms and labs; and its social connections in the pursuit of a vast array of outside interests.