ERIC Number: EJ679971
Record Type: CIJE
Publication Date: 2002
Reference Count: 0
Market Failures and the Rationale for National Parks.
Turner, Robert W.
Journal of Economic Education, v33 n4 p347-56 Fall 2002
Discusses how market failures can, in principle, be used to justify national parks. States the best rationale is based on existence or nonuse values instead of the recreational aspects. Shows more evidence (costs of providing and operating the parks and the magnitude of nonuse values) is needed before the case becomes compelling. (JEH)
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A
Note: The Journal of Economic Education is a referred journal.