In this paper we analyze the rationality that sustains the public investments on white elephants applied to the construction of tourist facilities in Mexico. The main result of this paper is that there exist two kinds of rationalities in the construction of white elephants. One is a similar...

In this paper we present an economic model to analyze the impact produced by changes of tourist's income on the demand for tourist services and on the investments of hotels on environmental quality. The ingredients of the model are an oligopoly tourist market with a vertical product...

This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of...

This book covers the multi-faceted incentives, trade-offs, and challenges associated with the economics and politics of resource efficiency investments. By contributing a wide range of empirical evidence, practitioners' insights, and policy perspectives, this book carefully examines the role of...