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Optimal pricing of recreation in the Czech protected areas

Publication |
2017

Abstract

The article presents an estimation of the optimal entrance fees and corresponding potential revenues for different types of natural protected area. Optimal prices are derived by maximizing the objective social welfare function, which represents social benefits of visitors from the consumption of recreational services in a particular protected area.

Using the economic optimization model, we derived a set of optimal entrance fees differentiating according to various categories of protected areas and zones in the Šumava National Park.