Titill: | Efficient pricing of tourist sites |
Höfundur: | |
Útgáfa: | 2017-06-30 |
Tungumál: | Enska |
Umfang: | 133-150 |
Háskóli/Stofnun: | Háskóli Íslands University of Iceland |
Svið: | Félagsvísindasvið (HÍ) School of Social Sciences (UI) |
Deild: | Hagfræðideild (HÍ) Faculty of Economics (UI) |
Birtist í: | Tímarit um viðskipti og efnahagsmál;14(1) |
ISSN: | 1670-4444 1670-4851 (eISSN) |
DOI: | 10.24122/tve.a.2017.14.1.6 |
Efnisorð: | Tourist sites; Limiting access; Pricing of access; Externalities; Environmental costs; Ferðamannastaðir; Ferðaþjónusta; Umhverfismál; Verðlagning |
URI: | https://hdl.handle.net/20.500.11815/647 |
Tilvitnun:Ragnar Árnason. (2017). Efficient pricing of tourist sites. Tímarit um viðskipti og efnahagsmál, 14(1), 133-150. doi:10.24122/tve.a.2017.14.1.6
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Útdráttur:Foreign tourism has expanded very fast in Iceland in recent years.
Much of this tourism targets relatively few places of particular natural
beauty. This has resulted in two notable external effects; deterioration
of some of the natural features of these sites and significant crowding
in the more popular ones. These manifestations of scarcity suggest the
social desirability of limiting access to these sites.
Basic economic theory holds that optimal use of scarce resources
may be accomplished by means of prices. On that basis this paper
considers prices for access to natural tourist sites. Optimal pricing
rules are derived, their content explained and their practical
applicability considered. Comparison of these optimal pricing rules
to those that might be set by individual owners is briefly examined.
While motivated by the Icelandic problem, the findings of the paper
have general applicability.
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Leyfi:Útgefið efni tímaritsins er í opnum aðgangi samkvæmt skilmálum Creative Commons Attribution 4.0 License.
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