Question

Corey Knowlton argues that hunting the black rhino is the best way to save this critically endangered species. Explain the economic logic behind the argument. Your answer should cover, willingness to pay, property rights, open access (Hint: poaching), free-riding, public goods, use values, and existence values.

Answer 1

IN A CIVILIZED COUNTRY WILD ANIMALS ONLY CONTINUE TO EXIST AT ALL GOES TO THE SPORTSMEN.THE PEOPLE WHO PROTESTS AGAINST THE HUNTING AND THE SPORTSPERSON AS ENEMIES OF WILDLIFE FAILS TO UNDERSTAND THE FACT THAT THE GENUINE SPORTSMAN IS THE MOST IMPORTANT FACTOR IN KEEPING THE LARGER AND VALUABLE CREATURE FROM TOTAL EXTERMINATION.

THESE ANIMALS ESPECIALLY THE BLACK RHINO ARE ENDANGERED FOR THE VERY REASON THAT IS MONEY.

TRUE CONSERVATIONISTS ARE THOSE WHO PAY MONEY TO KEEP RHINOS ALIVE AGAINST TO THOSE WHO PAY MONEY FOR CHEAP THRILLS OF KILLING THIS WONDORFUL CREATURE AND HANGING ITS HEAD ON TO THE WALL.