The Common-Pool Resources Theory

The Common-Pool Resources (CPR) Theory concerns resources like fisheries, forests, or water supplies that are shared by many people. Because these resources are available to everyone, individuals might overuse or spoil them, leading to depletion and harm to everyone's long-term benefit. The theory emphasizes that managing these resources requires collective cooperation, rules, or regulation to prevent overexploitation. Effective management balances individual needs with the sustainability of the resource, ensuring it remains available and healthy for current and future users.