Homework 1, due fri 1 oct 2010 1. Who was John Wesley Powell? Why are we interested in him in this course? (Do Cadillac Desert reading assignment.) 2. Do Illustration and Table review question 1 on page 25 3. Do Illustration and Table review question 2 on page 25 4. Do Illustration and Table review question 3 on page 25 5. Answer study question 11 (Introduction page 25). Explain why (or why not) the "Tragedy of the Commons" applies to the fishing industry. 6. Answer study question 14 (Introduction page 25) 7. Answer study question 17 (Introduction page 25) 8. What is the "precautionary principle"? Give some reasons for and against it. Do you agree with it or not? 9. For a theory to be "scientific" it must a. be proven true b. be testable, i.e. be able to be proven false c. be widely accepted by the majority of the population d. be widely accepted by the majority of other scientists e. be able to explain a wide variety of phenomena 10. Give a counterexample to answer c. above, i.e. a theory that is widely accepted but is not scientific. 11. Give a counterexample to answer e. above, i.e. a theory that explains a wide variety of phenomena but is not scientific. 12. When all environmental costs are included gasoline should cost about $1/gallon more than it does now. This is an example of a. overshoot b. market efficiency c. market failure d. input reduction e. economic undershoot 13. What are you hoping to get out of this course? What topics are you most interested in? Please be specific.