Skip to main content
SpringerLink
Log in

Pricing and Management of Recreational Activities Which Use Natural Resources

  • Published:
Environmental and Resource Economics Aims and scope Submit manuscript

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.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

REFERENCES

  • Baumol, W. and W. Oates (1988), The Theory of Environmental Policy, 2ndEdition. New York: Cambridge University Press.

    Google Scholar 

  • Becker, G. S. (1991), ‘A Note on Restaurant Pricing andOther Examples of Social Influences on Price’, Journal of Political Economy 99(5), 1109–1116.

    Google Scholar 

  • DuFresne, J. (1989), Tramping in New Zealand. Melbourne: Lonely Planet Publications.

    Google Scholar 

  • Fisher, A. C.and J. V. Krutilla (1972), ‘Determination of Optimal Capacity of Resource-Based Recreational Facilities’, Natural Resources Journal 12, 417–444.

    Google Scholar 

  • Lonely Planet Publications (1994), Alaska (4thEdition). Melbourne.

  • Starrett, D. (1972), ‘Fundamental Non-Convexities in the Theory of Externalities’,Journal of Economic Theory 4, 180–199.

    Google Scholar 

  • Tirole, J. (1988), The Theory of Industrial Organization.Cambridge, Massachusetts: MIT Press.

    Google Scholar 

  • Usher, D. (1992), TheWelfare Economics ofMarkets, Voting andPredation. Manchester: Manchester University Press.

    Google Scholar 

  • Wilman, E. A., (1988), ‘Pricing Policies for OutdoorRecreation’, Land Economics 64(3), 234–241.

    Google Scholar 

  • Wilson, R. (1993), Nonlinear Pricing. NewYork: Oxford.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. School of Economics, University of Tasmania, GPO Box 252-85, Hobart, Tas, 7001, Australia

    Hugh Sibly

Authors
  1. Hugh Sibly
    View author publications

    You can also search for this author in PubMed Google Scholar

Rights and permissions

Reprints and permissions

About this article

Cite this article

Sibly, H. Pricing and Management of Recreational Activities Which Use Natural Resources. Environmental and Resource Economics 18, 339–354 (2001). https://doi.org/10.1023/A:1011165132180

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1023/A:1011165132180

Search

Navigation