Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38966
Authors: 
Frey, Bruno S.
Steiner, Lasse
Year of Publication: 
2010
Series/Report no.: 
CESifo working paper Public Choice 3078
Abstract: 
The UNESCO World Heritage List contains the 900 most treasured Sites of humanity's culture and landscapes. The World Heritage List is beneficial where heritage sites are undetected, disregarded by national decision-makers, not commercially exploitable, and where national financial resources, political control and technical knowledge for conservation are inadequate. Alternatives such as the market and reliance on national conservation list are more beneficial where the cultural and natural sites are already popular, markets work well, and where inclusion in the List does not raise the destruction potential by excessive tourism, and in times of war or by terrorists.
Subjects: 
global public good
World Heritage
cultural certificates
monuments
UNESCO
JEL: 
Z11
D60
F50
H87
Document Type: 
Working Paper

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