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Acadia National Park

Acadia National Park. A Presentation by James Funk and Dana Snyde. Basic Facts. Located on Mt. Desert Island Maine Over three million tourists a year 46,000 acres Home to several thousand species Donated by the Rockefellers Officially declared a national park in 1929

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Acadia National Park

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  1. Acadia National Park A Presentation by James Funk and Dana Snyde

  2. Basic Facts • Located on Mt. Desert Island Maine • Over three million tourists a year • 46,000 acres • Home to several thousand species • Donated by the Rockefellers • Officially declared a national park in 1929 • Premier tourist arena in Maine

  3. Market Failure 1Public Good • Open Access to the park • Crowded trails • Traffic problems • Destruction of plants • Endangered habitats • Town congestion

  4. Market Failure 2Imperfect Information • No research was done to determine the appropriate size of the park • Park size was created randomly through land donations and available land for purchase • Lack of guidance for visitors on how to properly behave while on park grounds

  5. Market Failure 3Negative Externalities • Nearby logging • Creates noise pollution • Diminishes scenic views • Industrialization • Air pollution passes through park • Accelerated rates of Eutrophication

  6. Possible Policies • Entrance Fees at all entrances to the park • Assessed per person • Flat fee for all activities • Increase in costs would decrease park’s crowdedness • Allow only a certain number of tourists in the park at the same time • Impact of tourism is minimized

  7. More Possible Policies • Limit number of trails available to public • Achieve wilderness and wildlife protection • Increased educational efforts • provide information pamphlets at trail heads • Mark important trails • Limit amount of pollution from nearby industrialization • direct regulation, economic incentives

  8. Conclusion • Use a conjoint analysis to construct policies that will maximize net benefits • Implementation of polices is difficult because of political barriers • Please visit this really neat-o place

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