Written5

docx

School

University of the People *

*We aren’t endorsed by this school

Course

1103

Subject

Economics

Date

Feb 20, 2024

Type

docx

Pages

Uploaded by LieutenantStarling1324

The best option to incentivize local habitants to adopt the welfare of the elephants is option B. B. The government sets up national parks and designates ten villages around the park's edges as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. 2. Explain how the incentives will affect the local villagers, who are often very poor. The designated villages will benefit from tourism by hosting and guiding visitors into the park. The opportunity for the villagers is to monetize accommodations and food, as well as paid guides that could offer for hire transport or guides to accompany tourists inside the park. The villages would have a captive audience and might consider producing and selling merchandise related to the park and wildlife. Income can be devoted to increasing the standard of housing and other amenities that tourists may demand, which then might improve the standard of living for the villagers. An example might be a need for medical services to be provided to tourists, which might also be available to the villages. An increase in demand for services would attract those services to the area and they would then be more readily available to the local population. 3. Which approach (A or B) seems more likely to help the elephant population? I would argue that appointing villages as designated tourist centres would create an economy dependant on the welfare of the elephants. The villages would be incentivised to ensure the health and safety of the elephants remained in good order because the economy would collapse without the elephants. If option A were to be chosen, only active caretaking of the

elephants by appointed officials would be available. No other entity would be incentivised to ensure the elephants are taken care of. This burden on designated officials might even bring them in direct conflict with the villages. 4. Discuss the practice of poaching elephants and the need for environmental protection? Poaching elephants is related to poverty and corruption levels in the region where the hunting is occurring (Hauenstein, Kshatriya, Blanc, & Dormann, 2019) . The conclusion is that many local people who have little opportunity to earn a living or are facing hardship and hunger will turn to illegal poaching as a means to provide income for their families. Reducing poverty through community conservation programs has shown some ability to reduce poaching (Hauenstein, Kshatriya, Blanc, & Dormann, 2019) . This approach may be more effective than trying to limit supply through increased law enforcement strategies because it reduces the incentive for poaching to occur in the first place. 5. Explain how the practice of poaching elephants is a negative externality? Poaching elephants removes them from the ecosystem and this affects the savannah and forest ecosystems once they are removed from the system. Changing habitat for other animals and affecting the food sources for entire food chains, including for humans. The local and regional economies are hampered by a decrease in tourism when elephants become increasingly scarce. This also results in job loses for anyone employed in tourism or otherwise in the welfare of the elephants. The economy surrounding the elephants and tourism can be sustainable employment for a region which can alleviate poverty. Consuming ivory without respect for sustainability leads to many adverse externalities throughout a country or even a continent.

References Greenlaw, S. &. (2018). Principles of microeconomics, 2e. Open Stax Rice University. Retrieved from https://d3bxy9euw4e147.cloudfront.net/oscms-prodcms/media/documents/ Microeconomics2e-OP.pdf Hauenstein, S., Kshatriya, M., Blanc, J., & Dormann, C. F. (2019). African elephant poaching rates correlate with local poverty, national corruption and global ivory price. Nature Communications .

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Distributive Tactics Analysis_Coffee Contract.docx

Trader Joe's - Ratio Analysis.docx

Micro. Final exam review. Ch.14.15.16.plus assorted.ppt

Case Study Exercise- October 23.pdf

Problem Set 2.xlsx

MAT 240 Project One.docx

2023_f_final_prompt_v1-3.pdf

Written1.docx

Written7.docx

2023_f_hw13_prompt_v1-1.pdf

guided_exercises_week_4.pdf

ECN_1AY_Week_3_Assignment_2023.pdf

Recommended textbooks for you

Principles of Economics 2e

Economics

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:OpenStax

Economics:

Economics

ISBN:9781285859460

Author:BOYES, William

Publisher:Cengage Learning

Exploring Economics

Economics

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:SAGE Publications, Inc

Microeconomics A Contemporary Intro

Economics

ISBN:9781285635101

Author:MCEACHERN

Publisher:Cengage

Essentials of Economics (MindTap Course List)

Economics

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:Cengage Learning

Principles of Economics (MindTap Course List)

Economics

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Recommended textbooks for you

Principles of Economics 2e
Economics
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:OpenStax
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Microeconomics A Contemporary Intro
Economics
ISBN:9781285635101
Author:MCEACHERN
Publisher:Cengage
Essentials of Economics (MindTap Course List)
Economics
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning