Game Theory, Tourism and Land Ethics
| Autor: | Maxwell K. Hsu, Dennis A. Kopf |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
game theory
Geography Planning and Development TJ807-830 Management Monitoring Policy and Law TD194-195 Renewable energy sources Wisconsin Dells Microeconomics 0502 economics and business Economics GE1-350 sustainable tourism Sustainable tourism Sustainable development sustainable development Environmental effects of industries and plants Renewable Energy Sustainability and the Environment 05 social sciences Perspective (graphical) Environmental sciences land ethic Path (graph theory) ethical decision making Game theory 050203 business & management 050212 sport leisure & tourism Tourism |
| Zdroj: | Sustainability Volume 13 Issue 15 Sustainability, Vol 13, Iss 8515, p 8515 (2021) |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su13158515 |
| Popis: | This paper combines game theory with Land Ethics to demonstrate a path forward for sustainable development. Our findings indicate that two likely equilibria can be reached. One equilibrium focuses on high short-term profits, but with ecological damage leading to less cumulative profits. The second equilibrium requires ecological maintenance costs (thus less short-term profits) yet yields greater cumulative profits. The comparison of the two equilibria and using the historical perspective of the Wisconsin Dells demonstrates how communities that embrace a Land Ethic can reach the equilibrium that produces greater long-term benefits. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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