Naked Economics there is a narrative about the large number of black rhinos that are killed illegally by poachers each year because of the high demand for their horns for daggers and such objects. This has caused the population of black rhinos to decrease sharply, with the possibility of their extinction. Which of the below is NOT one of the arguments or solutions offered by the author, Charles Wheelan, in this narrative? As the population of black rhinos decreases, so does the supply of their horns. As demand for their horns continues to be high the reduced supply drives up the price of the horns, creating a further incentive for poachers to kill black rhinos. An effective conservation strategy must properly align the incentives of the people who live in or near the black rhino's natural habitat. The author argues that a policy very likely to work to protect endangered species such as the black rhinos and the mountain gorillas in the war-torn regions of East Africa would be to allow the local people to use the rhinos and the gorillas as a tourist attraction and keep a portion of the profit. The lure of a share of the profit would encourage the local people to keep the black rhinos alive. This policy had worked well to protect the mountain gorillas of East Africa- a seriously endangered species made famous by Dian Fossey, the author of Gorillas in the Mist.
In chapter 2 of Naked Economics there is a narrative about the large number of black rhinos that are killed illegally by poachers each year because of the high
Which of the below is NOT one of the arguments or solutions offered by the author, Charles Wheelan, in this narrative?
As the population of black rhinos decreases, so does the supply of their horns. As demand for their horns continues to be high the reduced supply drives up the price of the horns, creating a further incentive for poachers to kill black rhinos.
An effective conservation strategy must properly align the incentives of the people who live in or near the black rhino's natural habitat.
The author argues that a policy very likely to work to protect endangered species such as the black rhinos and the mountain gorillas in the war-torn regions of East Africa would be to allow the local people to use the rhinos and the gorillas as a tourist attraction and keep a portion of the profit. The lure of a share of the profit would encourage the local people to keep the black rhinos alive. This policy had worked well to protect the mountain gorillas of East Africa- a seriously endangered species made famous by Dian Fossey, the author of Gorillas in the Mist.
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