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Pricing and Management of Recreational Activities Which Use Natural Resources

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  • Hugh Sibly

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. 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.
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    3. Starrett, David A., 1972. "Fundamental nonconvexities in the theory of externalities," Journal of Economic Theory, Elsevier, vol. 4(2), pages 180-199, April.
    4. Elizabeth A. Wilman, 1988. "Pricing Policies for Outdoor Recreation," Land Economics, University of Wisconsin Press, vol. 64(3), pages 234-241.
    5. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, April.
    6. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249.
    7. Wilson, Robert, 1997. "Nonlinear Pricing," OUP Catalogue, Oxford University Press, number 9780195115826.
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    Cited by:

    1. Philippe Le Goffe & Julien Salanie, 2004. "Recreational fishing in France : Market or institutional failures ?," Post-Print hal-02338173, HAL.
    2. Pramod Lamsal & Kishor Atreya & Krishna Prasad Pant & Lalit Kumar, 2016. "Tourism and wetland conservation: application of travel cost and willingness to pay an entry fee at Ghodaghodi Lake Complex, Nepal," Natural Resources Forum, Blackwell Publishing, vol. 40(1-2), pages 51-61, February.
    3. 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 (2007-2019) 2014-10, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    4. Becker, Nir, 2007. "Price discrimination as a policy tool for Nature Reserve Management," MPRA Paper 21867, University Library of Munich, Germany.
    5. Leplat, Mélody & Le Goffe, Philippe, 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 (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 90(1).
    6. 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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