Scenario 4
Regulated Open Access: Quotas
- You are the captain of a candy-fishing vessel (i.e., the cup); you and your classmates have
open access to candy.
- There are restrictions on the types of capital that
are legal for catching fish. You may not use your vessel or your hands.
- When your instructor says "GO" starting harvesting the candy. At the end
of each time period, time will be called and you must stop harvesting. The
candy will spawn and regenerate after each time period.
- Each time period lasts until one-half of the fish have been harvested.
- When the scenario is over fill in your individual profit on the Accounting Sheet.
Each fish is equal to $1 in profit. Do not total the profits for each scenario until after all the
scenarios have been played.