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Pricing and Management of Recreational Activities Which Use Natural Resources

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  • Hugh Sibly

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Abstract

This paper analyses the economic efficiency ofmanagement regimes for the recreational use of anatural resource. Management must determine the useand development of the natural resource. Thefirst-best policy uses price to offset theexternalities of crowding and deterioration. This iscontrasted with two second-best polices which do notuse pricing: unrestricted access and quotas. Acondition under which a relaxation of quota levelincreases efficiency is derived. Under iso-elasticfunctional forms quotas are less efficient thanunrestricted access. Copyright Kluwer Academic Publishers 2001

Suggested Citation

  • Hugh Sibly, 2001. "Pricing and Management of Recreational Activities Which Use Natural Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(3), pages 339-354, March.
  • Handle: RePEc:kap:enreec:v:18:y:2001:i:3:p:339-354
    DOI: 10.1023/A:1011165132180
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    References listed on IDEAS

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    1. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, January.
    2. Becker, Gary S, 1991. "A Note on Restaurant Pricing and Other Examples of Social Influences on Price," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1109-1116, October.
    3. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, March.
    4. Starrett, David A., 1972. "Fundamental nonconvexities in the theory of externalities," Journal of Economic Theory, Elsevier, vol. 4(2), pages 180-199, April.
    5. Elizabeth A. Wilman, 1988. "Pricing Policies for Outdoor Recreation," Land Economics, University of Wisconsin Press, vol. 64(3), pages 234-241.
    6. Wilson, Robert, 1997. "Nonlinear Pricing," OUP Catalogue, Oxford University Press, number 9780195115826.
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    Citations

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    Cited by:

    1. Asma BEN OTHMEN, 2014. "De la mise à contribution des bénéficiaires au financement de la préservation des espaces naturels : tarification de l’accès ou augmentation de taxe?," Cahiers du GREThA 2014-10, Groupe de Recherche en Economie Théorique et Appliquée.
    2. Becker, Nir, 2007. "Price discrimination as a policy tool for Nature Reserve Management," MPRA Paper 21867, University Library of Munich, Germany.
    3. Mélody Leplat & Philippe Le Goffe, 2009. "Faut-il réguler l'encombrement des sites récréatifs ? Un modèle de choix discret avec participation," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 90(1), pages 51-77.

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