How To Safeguard World Heritage Sites? A Theoretical Model of "Cultural Responsibility"

Leonardo Becchetti, Nazaria Solferino () and Maria Elisabetta Tessitore ()
Additional contact information
Nazaria Solferino: University of Rome "Tor Vergata", http://www.ceistorvergata.it
Maria Elisabetta Tessitore: University of Rome "Tor Vergata", http://www.ceistorvergata.it

No 318, CEIS Research Paper from Tor Vergata University, CEIS

Abstract: We outline a model in which preservation of UNESCO heritage sites is analyzed as a classical global public good problem where the decentralized Nash equilibrium yields suboptimal contribution vis-à-vis the Social Planner equilibrium. The absence of a Global Social Planner and the need of coordination across different countries for the implementation of the second solution make the Social Planner equilibrium hardly attainable. The same problem arises when trying to enforce symmetric or asymmetric tax deductions in different countries. We analyse the contribution that cultural corporate responsibility can give to the solution of the problem discussing its limits and potential vis-à-vis the other two alternatives.

Keywords: Public Goods; Firm Behavior; Cultural Economics (search for similar items in EconPapers)
JEL-codes: D21 H41 Z1 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2014-07-18, Revised 2014-07-18
New Economics Papers: this item is included in nep-cul and nep-soc
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ceistorvergata.it/RePEc/rpaper/RP318.pdf Main text (application/pdf)

Related works:
Journal Article: How to safeguard world heritage sites? A theoretical model of “cultural responsibility” (2015)
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:rtv:ceisrp:318

Ordering information: This working paper can be ordered from
CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
https://ceistorvergata.it

Access Statistics for this paper

More papers in CEIS Research Paper from Tor Vergata University, CEIS CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma. Contact information at EDIRC.
Bibliographic data for series maintained by Barbara Piazzi ().