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demand

Debunking the myth that a legal trade will solve the rhino horn crisis: A system dynamics model for market demand

Douglas J. Crookes & James N. Blignaut
There is considerable debate in the literature over whether or not to legalise the trade in rhino horns. Here a system dynamics model is developed that considers five components: rhino abundance, rhino demand, a price model, an income model and a supply model. The results indicate that income...
May 2015
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Estimation of optimal conservation fees for international park visitors in the Kgalagadi Transfrontier Park

Johane Dikgang and Edwin Muchapondwa
This paper estimates the visitation demand function for Kgalagadi Transfrontier Park (KTP) in order to determine the conservation fee to charge international tourists to maximise park revenue. International tourists account for approximately 20 percent of total number of visitors to South African...
Nov 2013
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Conservation Fees in the Kgalagadi Transfrontier Park between Botswana and South Africa in the Presence of Land Restitution

Johane Dikgang and Edwin Muchapondwa
This paper estimates the visitation demand function for Kgalagadi Transfrontier Park (KTP) in order to determine the conservation fee to charge South African residents to maximise park revenue. We conducted contingent behavior experiments at KTP and three other national parks, which we assume are...
Aug 2013
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