The public good nature of national parks
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Chapter 5 in Public Sector Entrepreneurship, 2022, pp 49-52 from Edward Elgar Publishing
Abstract:
National parks have public good characteristics. A basic principle that underlies the economics of public goods is that the pricing of a pure public good is inefficient because a price would ration the use of the public good which is by its nature non-excludable. A case is presented why national parks, which having public good characteristics, is not a pure public good, and thus further pricing of the entrance to a national park is not inefficient.
Keywords: Business and Management; Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2022
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