Sustainable Tourism

Régis Chenavaz (), Marta Leocata, Malgorzata Ogonowska and Dominique Torre ()
Additional contact information
Régis Chenavaz: KEDGE Business School [Marseille]
Marta Leocata: LUISS - Libera Università Internazionale degli Studi Sociali Guido Carli [Roma]

Post-Print from HAL

Abstract: Current approach to the management of World Heritage sites and the associated tourism is not always effective. Indeed, operators of Chteau de Versailles, Alhambra, and Vatican Palace trade-off visitors' revenues against damage to these sites. We study the effective dynamic behavior of a firm managing a heritage site. In an optimal control model, the operator sets pricing and heritage conservation policies. Heritage sites benefit from spending on conservation but are deteriorated by large numbers of visitors. Visitor numbers increase with the attractiveness of the site but decrease with the entrance fee. Our results characterize optimal pricing and heritage conservation policies over time and provide a stronger foundation for sustainable tourism policies.

Keywords: sustainable tourism; World Heritage Sites; dynamic pricing; conservation policies; optimal control (search for similar items in EconPapers)
Date: 2022-10
New Economics Papers: this item is included in nep-env and nep-tur
Note: View the original document on HAL open archive server: https://hal.science/hal-03836454
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Economic Dynamics and Control, 2022, ⟨10.1016/j.jedc.2022.104483⟩

Downloads: (external link)
https://hal.science/hal-03836454/document (application/pdf)

Related works:
Journal Article: Sustainable tourism (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03836454

DOI: 10.1016/j.jedc.2022.104483

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().