An econometric approach to crowding in touristic city centres
Bart Neuts
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Bart Neuts: Auckland University of Technology, New Zealand
Tourism Economics, 2016, vol. 22, issue 5, 1055-1074
Abstract:
Using a common property resource conceptualization, this article introduces a new methodology for crowding valuation in touristic city centres. Crowding issues are defined in terms of utility gains or losses through a stated-preference choice experiment, making it possible to quantify crowding disturbances in monetary terms. The proposed method is applied to the case of Antwerp, Belgium, specifically focusing on the effect of use density on local inhabitants. The case study serves to reveal quantitatively the theorized quadratic effects of crowding on the space utility of residents. Potential utility effects of different crowding levels are discussed and compared to actual use levels. The methodology provides new opportunities for threshold optimization in crowding-sensitive urban areas, taking into account a community-based norm development.
Keywords: carrying capacity; choice experiments; crowding; tragedy of the commons; utility (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:22:y:2016:i:5:p:1055-1074
DOI: 10.5367/te.2015.0477
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