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Or you could use market dynamics to allocate a scarce resource (i.e., raise the price): https://www.radionz.co.nz/news/political/359649/tourist-tax-up-to-35-to-
by derf_ 8y ago
Or you could use market dynamics to allocate a scarce resource (i.e., raise the price): https://www.radionz.co.nz/news/political/359649/tourist-tax-up-to-35-to-be-charged https://www.radionz.co.nz/news/political/359649/tourist-tax-...
- gascan 8y agoI think people are in general becoming a little disillusioned with using market dynamics to allocate leisure. Nobody minds that only rich people can stay at fancy hotels. But if, hypothetically, only rich people can set foot in New Zealand? That offends people. Yes, scarce resources need allocating. Market dynamics are not the only way, see lottery permits in the NPS.
- hueving 8y agoRight, this serves two purposes. It limits the visitor counts and also provides funding to deal with the fallout of visitors.