The Efficient Recreational Use of a Natural Resource
This paper considers the efficient use of a natural resource in which increased recreational use results in increased degradation. Users treat degradation as an external cost, and do not take it into account in their choice of use.
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|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Postal: UNIVERSITY OF TASMANIA, DEPARTMENT OF ECONOMICS, HOBART TASMANIA 7001 AUSTRALIA.|
Phone: +61 3 6226 7672
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Web page: http://www.utas.edu.au/economics-finance/
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