We outline a model in which preservation of UNESCO heritage sites is analyzed as a classical global public good problem where the decentralized Nash equilibrium yields suboptimal contribution vis-à-vis the Social Planner equilibrium. The absence of a Global Social Planner and the need of coordination across dierent countries for the implementation of the second solution make the Social Planner equilibrium hardly attainable. The same problem arises when trying to enforce symmetric or asymmetric tax deductions in dierent countries. We analyse the contribution that cultural corporate responsibility can give to the solution of the problem discussing its limits and potential vis-à-vis the other two alternatives.

Becchetti, L., Solferino, N., & Tessitore, M. (2015). How to safeguard world heritage sites? A theoretical model of cultural responsability. INTERNATIONAL REVIEW OF ECONOMICS, 62(3), 223-248 [10.1007/s12232-015-0237-9].

How to safeguard world heritage sites? A theoretical model of cultural responsability

BECCHETTI, LEONARDO;TESSITORE, MARIA ELISABETTA
2015

Abstract

We outline a model in which preservation of UNESCO heritage sites is analyzed as a classical global public good problem where the decentralized Nash equilibrium yields suboptimal contribution vis-à-vis the Social Planner equilibrium. The absence of a Global Social Planner and the need of coordination across dierent countries for the implementation of the second solution make the Social Planner equilibrium hardly attainable. The same problem arises when trying to enforce symmetric or asymmetric tax deductions in dierent countries. We analyse the contribution that cultural corporate responsibility can give to the solution of the problem discussing its limits and potential vis-à-vis the other two alternatives.
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-P/06 - Economia Applicata
eng
Becchetti, L., Solferino, N., & Tessitore, M. (2015). How to safeguard world heritage sites? A theoretical model of cultural responsability. INTERNATIONAL REVIEW OF ECONOMICS, 62(3), 223-248 [10.1007/s12232-015-0237-9].
Becchetti, L; Solferino, N; Tessitore, Me
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2108/116944
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