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PDF
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Type:
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Conference Paper |
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Author:
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Blanco, Esther; Lozano, Javier; Maquieira, Javier Rey |
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Conference:
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Governing Shared Resources: Connecting Local Experience to Global Challenges, the Twelfth Biennial Conference of the International Association for the Study of Commons |
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Location:
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Cheltenham, England |
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Conf. Date:
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July 14-18, 2008 |
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Date:
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2008 |
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URI:
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https://hdl.handle.net/10535/2284
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Sector:
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New Commons
Theory |
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Region:
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Subject(s):
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ecotourism--model
open access
regulation
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Abstract:
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"This paper presents a game theoretic model of a tourism destination producing nature-based tourism services. Natural resources are used by the tourism industry both as input factors for production and amenities being part of the tourism product. The model captures this complexity and demonstrates that for the open access situation nontragedy equilibria are achievable for certain value of parameters. Public intervention is shown to be capable of improving resulting environmental quality when sufficiently enforced. However, public intervention can also result in lower environmental quality in the equilibrium due to crowding-out of motivation for voluntary initiatives, imperfect monitoring, corruption or the existence of unregulated firms. Thus, the model is a first contribution to analyze implications of different institutional designs on the economic incentives to undertake environmental initiatives by tourism firms."
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