Managing common resources in Gilgit-Baltistan: a case of Markhor trophy hunt

Ummad Mazhar

Informasi Umum

Kode

24.10.275

Klasifikasi

658.02 - Management of enterprises of specific sizes and scopes

Jenis

Case Studies

Subjek

Environmental Economics

No. Rak

Dilihat

162 kali

Informasi Lainnya

Abstraksi

Management of shared resources is challenging. This case uses the problem of a forest officer who was given the task of managing the animal population of the region. The primary focus of the case is common resources and how it can be managed through incentive-based system. The case demonstrates how individual actions have external effects. These external effects are sometimes good for the community, but sometimes, they are bad. Many desirable outcomes require social cooperation, but they cannot be achieved because individual self-interest dominates collective well-being, the issue called Prisoners' Dilemma. Gulnar (the fictional forest officer) was convinced about the potential of managing common resources by means of a CTHP in the Gilgit–Baltistan region (in Pakistan). The CTHP provided not just environmental benefits but also substantial social and economic benefits to the local community. The financial gains from the initiative can be used in community projects that help locals become less reliant on their natural environment, create more space for wildlife and enhance the quality of life for people.