The Efficient Recreational Use of a Natural Resource

Hugh Sibly

Working Papers from Tasmania - Department of Economics

Abstract: This paper considers the efficient use of a natural resource in which increased recreational use results in increased degradation. Users treat degradation as an external cost, and do not take it into account in their choice of use.

Keywords: ENVIRONMENT; NATURAL RESOURCES (search for similar items in EconPapers)
JEL-codes: Q26 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:tasman:1999-06

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