Cowboy Bebop Clip #6

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  • Concepts: Scarcity, tragedy of the commons.
  • Background: Hot water is scarce, especially in a spaceship where everybody has free access to the shower. And so, when Faye overuse water in the shower, others are negatively affected, as they do not have hot water for their own showers.
  • Question: Discuss if hot water is a rivalrous or non-rivalrous good and if it can be considered excludable or non-excludable. To what economic problems this situation refers to?