Module 3
Lifecycle Approach (LCA)
Defining the Lifecycle Approach The Lifecycle Approach is a holistic method of evaluating the tot...
Understanding Externalities and Public Policy Approaches
Externalities are the unpriced, unintended costs or benefits of an economic activity that affect ...
Understanding Types of Goods and the Tragedy of the Commons
Classification of Economic Goods Goods are categorized based on two key properties: Rivalry and E...
Urban Commons Degradation and Flooding: Case Studies of Kashmir and Chennai
1. Kashmir Floods (2014): A Case of Urban Flooding Causes: Extreme Rainfall Event: Received 15...
Drivers of the Tragedy of the Commons
Drivers of the Tragedy of the Commons Definition: The drivers are the underlying conditions and i...
Game Theory, Prisoner's Dilemma, and the Commons
1. Game Theory and Sustainability Definition: A tool used in economics and behavioral sciences to...
Governing the Commons: Beyond the Tragedy
1. Is the Tragedy of the Commons Inevitable? Garrett Hardin's View: Garrett Hardin, in his influe...
Elinor Ostrom and Common Governance: Principles and Applications
1. Elinor Ostrom’s Core Contributions Elinor Ostrom was the first woman and first political scien...
Evolution of Environmental Policy and Laws in India
1. Foundational Period (Pre-1970s) Indian Forest Act (1927): Consolidated laws on forests, tran...