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A dynamic approach to voluntary environmental contributions in tourism

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  • Blanco, Ester
  • Lozano, Javier
  • Rey-Maquieira, Javier
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    Abstract

    In an evolutionary game-theoretical model of tourism firms that use an endogenous natural Common Pool Resource (CPR) we show that stable equilibria with voluntary environmental initiatives may coexist with other equilibria where voluntary abatement is absent. The basins of attraction of the equilibria are identified and a bifurcation analysis is carried out producing two results with policy implications. First, there is a highly non-linear relationship between the cost of abatement required to be green and the share of green firms. Second, increases in the number of the CPR's users will ultimately dissipate the incentives to make abatement beyond regulation.

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    Bibliographic Info

    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 69 (2009)
    Issue (Month): 1 (November)
    Pages: 104-114

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    Handle: RePEc:eee:ecolec:v:69:y:2009:i:1:p:104-114

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    Web page: http://www.elsevier.com/locate/ecolecon

    Related research

    Keywords: Common-pool resource Voluntary environmental contributions Evolutionary framework Sustainable management Tourism;

    References

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    Cited by:
    1. Francesco Testa & Natalia M. Gusmerotti & D. Amirante & Marco Frey, 2012. "The role of negotiating tools in the environmental policy mix instruments: determinants and effects of Environmental Agreement," Working Papers 201202, Scuola Superiore Sant'Anna of Pisa, Istituto di Management.
    2. Lozano, Javier & Blanco, Ester & Rey-Maquieira, Javier, 2010. "Can ecolabels survive in the long run?: The role of initial conditions," Ecological Economics, Elsevier, vol. 69(12), pages 2525-2534, October.

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