Common Pool Resources (CPR)

Common Pool Resources (CPR) are natural or man-made resources that are available to multiple users but are limited in quantity, such as fisheries, forests, and water supplies. Unlike private goods, which one person can own, CPRs are shared, which can lead to overuse and depletion if not managed properly. Effective management often requires cooperation among users and regulations to maintain sustainability, ensuring that everyone benefits without harming the resource long-term. The challenge lies in balancing individual interests with the collective need to preserve these resources for future generations.