Editing Tragedy of the commons (section)

====Internalizing externalities====
Privatization works when the person who owns the property (or rights of access to that property) pays the full price of its exploitation.<ref>{{Cite book|date=2004-03-22|title=Who owns the intellectual property rights when an invention, copyright work or design is outsourced?|url=http://dx.doi.org/10.18356/f2dc0688-en|access-date=2021-05-25|doi=10.18356/f2dc0688-en}}</ref> As discussed above negative externalities (negative results, such as air or water pollution, that do not proportionately affect the user of the resource) is often a feature driving the tragedy of the commons.<ref>{{Cite journal|date=1987-08-01|url=http://dx.doi.org/10.1093/annhyg/31.3.285|journal=The Annals of Occupational Hygiene|doi=10.1093/annhyg/31.3.285|issn=1475-3162|title=Do Negative Air Ions Affect Human Mood and Performance?|pmid=3426028|last1=Hedge|first1=A.|last2=Collis|first2=M. D.|volume=31|issue=3|pages=285–290}}</ref> ''Internalizing the externalities'', in other words ensuring that the users of resource pay for all of the consequences of its use, can provide an alternate solution between privatization and regulation.<ref>{{cite web|url= https://heliocene.org/knowledge-bank/what-is-a-sustainable-business/externalities-and-internalisation/|title= Externalities and Internalisation|work= Heliocene|date= 5 March 2021|accessdate=2 Aug 2022}}</ref> One example is gasoline taxes which are intended to include both the cost of road maintenance and of air pollution.<ref>{{Citation|last1=Austin|first1=David|title=Clearing the air: The costs and consequences of higher CAFE standards and increased gasoline taxes|date=2018-12-20|url=http://dx.doi.org/10.4324/9781351161084-23|work=Controlling Automobile Air Pollution|pages=449–469|publisher=Routledge|isbn=978-1-351-16108-4|access-date=2021-05-25|last2=Dinan|first2=Terry|doi=10.4324/9781351161084-23}}</ref> This solution can provide the flexibility of privatization while minimizing the amount of government oversight and overhead that is needed.<ref>{{Citation|last1=Fullerton|first1=Don|title=Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions? 1|date=2018-12-20|url=http://dx.doi.org/10.4324/9781351161084-13|work=Controlling Automobile Air Pollution|pages=243–266|publisher=Routledge|isbn=978-1-351-16108-4|access-date=2021-05-25|last2=West|first2=Sarah E.|doi=10.4324/9781351161084-13|s2cid=239069281}}</ref>