Acadia%20National%20Park

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Acadia National Park

• A Presentation by James Funk and Dana Snyde

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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

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Market Failure 1Public Good

• Open Access to the park
• Crowded trails
• Traffic problems
• Destruction of plants
• Endangered habitats
• Town congestion

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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

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Market Failure 3Negative Externalities

• Nearby logging
• Creates noise pollution
• Diminishes scenic views
• Industrialization
• Air pollution passes through park
• Accelerated rates of Eutrophication

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Possible Policies

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

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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

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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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