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Pricing Public Parks

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  • K. G. Willis

Abstract

Admission prices are typically charged for entry to archaeological sites, museums and historic buildings, although rarely to public parks. This study explores the feasibility of introducing an entry charge to a public park in Naples, the Bosco di Capodimonte. It investigates different pricing options: a revenue-maximizing price, a discriminatory price to deal with equity, a 'sufficing' price to cover maintenance costs and a welfare economic social optimal price. The analysis documents the effect of different entry charges on visit numbers and revenue collected, and includes a cost-benefit analysis of the admission price policy. Total consumer surplus is also calculated for the different entry price scenarios.

Suggested Citation

  • K. G. Willis, 2003. "Pricing Public Parks," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 46(1), pages 3-17.
    • Handle: RePEc:taf:jenpmg:v:46:y:2003:i:1:p:3-17
    DOI: 10.1080/713676701
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    Citations

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    Cited by:

    1. Elina Lampi & Matilda Orth, 2009. "Who Visits the Museums? A Comparison between Stated Preferences and Observed Effects of Entrance Fees," Kyklos, Wiley Blackwell, vol. 62(1), pages 85-102, February.
    2. Tuan, Hun Tran & Navrud,Stale, 2012. "Capturing the Benefits of Preserving World Heritage Cultural Heritage Sites," EBLA Working Papers 201202, University of Turin.
    3. Voltaire, Louinord, 2017. "Pricing Future Nature Reserves Through Contingent Valuation Data," Ecological Economics, Elsevier, vol. 135(C), pages 66-75.
    4. Viteri Mejía, César & Brandt, Sylvia, 2015. "Managing tourism in the Galapagos Islands through price incentives: A choice experiment approach," Ecological Economics, Elsevier, vol. 117(C), pages 1-11.
    5. Becker, Nir, 2007. "Price discrimination as a policy tool for Nature Reserve Management," MPRA Paper 21867, University Library of Munich, Germany.
    6. Diluiso, Francesca & Guastella, Gianni & Pareglio, Stefano, 2021. "Changes in urban green spaces’ value perception: A meta-analytic benefit transfer function for European cities," Land Use Policy, Elsevier, vol. 101(C).
    7. Silva, Tiago Manuel & Silva, Susana & Carvalho, Armindo, 2022. "Economic valuation of urban parks with historical importance: The case of Quinta do Castelo, Portugal," Land Use Policy, Elsevier, vol. 115(C).
    8. Bakti Hasan-Basri & Mohd Zaini Abd Karim & Normizan Bakar, 2015. "Willingness To Pay For Recreational Attributes Of Public Parks: A Choice Experiment Approach," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-18, December.
    9. Johane Dikgang & Edwin Muchapondwa, 2017. "The determination of park fees in support of benefit sharing in Southern Africa," Tourism Economics, , vol. 23(6), pages 1165-1183, September.
    10. Vecchiato, D. & Tempesta, T., 2013. "Valuing the benefits of an afforestation project in a peri-urban area with choice experiments," Forest Policy and Economics, Elsevier, vol. 26(C), pages 111-120.

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