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Tourism and environmental preservation are often conflicting activities, mainly in coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the...
Persistent link: https://www.econbiz.de/10010755215
This chapter shows how economic theory and public policy analysis can illuminate decision-making relating to cultural heritage. We argue that from an economic viewpoint the appropriate conceptualisation of heritage is as a capital asset. Regarding heritage as cultural capital invites...
Persistent link: https://www.econbiz.de/10014023801
An ecosystem assessment is a social process through which the findings of science concerning the causes of ecosystem change, their consequences for human well-bring, and the management and policy options are evaluated. Ecosystem assessments can play an important role in synthesising and...
Persistent link: https://www.econbiz.de/10010415507
The topic dealt with in the paper is very timely and has assumed major importance from the viewpoint of development of research into economies based on sustainable development and application of research findings in specific solutions in the economy. The paper postulates that innovation is a...
Persistent link: https://www.econbiz.de/10011274708
An ecosystem assessment is a social process through which the findings of science concerning the causes of ecosystem change, their consequences for human well-bring, and the management and policy options are evaluated. Ecosystem assessments can play an important role in synthesising and...
Persistent link: https://www.econbiz.de/10011276621
The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...
Persistent link: https://www.econbiz.de/10014023894
great potential as a repository of biodiversity and an ecotourism destination. The paper employed the contingent valuation … (CV) method to estimate the willingness to pay (WTP) of Bruneians for conserving the national park for ecotourism and …
Persistent link: https://www.econbiz.de/10011213120
. Estimates of visitor demand elasticity for ecotourism are low, so price policies are not likely to reduce risk, though they can …
Persistent link: https://www.econbiz.de/10010678882
This paper examines the welfare dimension of the recreational services of coastal ecosystems. First, we construct a global database of primary valuation studies that focus on recreational benefits of coastal ecosystems. Second, the profile of each of the 253 individual observations is enriched...
Persistent link: https://www.econbiz.de/10010616973
We bridge the non-market microeconomic recreational demand and bioeconomic modeling literatures by constructing a dynamic model to guide optimal management of recreational fisheries. Our model incorporates multiple forms of angler heterogeneity and directly models feedbacks between policy...
Persistent link: https://www.econbiz.de/10011043432