Devising a pricing structure for admission to recreational woodland: The case of the Royal wood of Capodimonte in Naples Italy

Willis Kenneth G., . (2004) Devising a pricing structure for admission to recreational woodland: The case of the Royal wood of Capodimonte in Naples Italy. [Proceedings Paper]

Access to woodland recreation areas of government owned forests is typically free of charge. Privately owned woodland parks in contrast invariably charge an entry fee as the only feasible way of continuing to maintain the recreational facility. Occasionally an entry charge is made for public parks such as the National Parks in the USA Yosemite Sequoia etcto defray high maintenance costs in an era of limited public funding. This study explores the feasibility of introducing an entry charge to the historic Bosco Di Capodimonte or Royal Wood of Capodimonte in Naples Italy. It investigates different pricing options: a revenue maximising price a discriminatory price structure to deal with equity concerns a sufficing price to cover maintenance costs and a welfare economic social optimal price. The analysis documents the effect of different entry charges on visit numbers and revenue collected and includes a cost-benefit analysis of the admission price policy. Total consumer surplus is also calculated for the different entry price scenarios.

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Abstract

Access to woodland recreation areas of government owned forests is typically free of charge. Privately owned woodland parks in contrast invariably charge an entry fee as the only feasible way of continuing to maintain the recreational facility. Occasionally an entry charge is made for public parks such as the National Parks in the USA Yosemite Sequoia etcto defray high maintenance costs in an era of limited public funding. This study explores the feasibility of introducing an entry charge to the historic Bosco Di Capodimonte or Royal Wood of Capodimonte in Naples Italy. It investigates different pricing options: a revenue maximising price a discriminatory price structure to deal with equity concerns a sufficing price to cover maintenance costs and a welfare economic social optimal price. The analysis documents the effect of different entry charges on visit numbers and revenue collected and includes a cost-benefit analysis of the admission price policy. Total consumer surplus is also calculated for the different entry price scenarios.

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Item Type:	Proceedings Paper
Additional Information:	5 tables. 10 refs.
AGROVOC Term:	FORESTRY
AGROVOC Term:	RECREATION
AGROVOC Term:	TOURISM
AGROVOC Term:	WOODLANDS
AGROVOC Term:	WOOD
AGROVOC Term:	MALAYSIA
Geographical Term:	MALAYSIA
Depositing User:	Ms. Norfaezah Khomsan
Last Modified:	24 Apr 2025 05:28
URI:	http://webagris.upm.edu.my/id/eprint/16668

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