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This chapter offers a deeper understanding of the symbols and meanings attached to tourists’ special possessions as well as of the functions they fulfill in contemporary consumption. Nineteen informants have been interviewed and observed at home in a naturalistic interpretive perspective. Interview transcripts, field notes, and pictorial material were analyzed and interpreted through the grounded theory approach. This results in a new typology of symbolic souvenirs including touristic trinkets, destination stereotypes, paper mementoes, and picked-up objects. Such a typology relates to four major functions souvenirs may fulfill in terms of meanings and identity construction, that is, categorization, self-expression, connectedness, and self-creation.

The hospitality sector, via resort mini-clubs also referred as kids' clubs, has put in place initiatives to empower children to be responsible tourists. This is all the more important as children are the tourists of the future. In their endeavour to educate children during their holidays, many of the activities developed by resort mini-clubs are nature-based; on the long term, this strategy is likely to contribute to the long-term sustainability of the industry. Indeed, the closer an individual is to nature, the more likely this person is to be respectful of the environment. Developing these types of activities could also contribute to the competitive advantage of resorts as most resort mini-clubs are not offering yet this type of sustainability-orientated activities. From a theoretical perspective, resort-mini clubs could be assimilated to lieu de mémoire, and as a result they have the potential to influence the sustainability attitude of the future young adults, and adults whom the children will be.

The paper focuses on the question of the extent to which individual preference-based values are suitable in guiding environmental policy and damage assessment decisions. Three criteria for “suitableness” are reviewed: conceptual, moral and legal. Their discussion suggests that: (i) the concept of economic value as applied to environmental resources is a meaningful concept based on the notion of trade-off; (ii) the limitations of the moral foundations of cost-benefit analysis do not invalidate its use as a procedure for guiding environmental decision making; (iii) the input of individual preferences into damage assessment is compatible with the basic foundations of tort law; (iv) using individual preference-based methods provides incentives for efficient levels of due care; (v) determining standing is still very contentious for various categories of users as well as for aggregating non-use values. Overall, the discussion suggests that the use of preference-based approaches in both the policy and legal arenas is warranted provided that they are accurately applied, their limitations are openly acknowledged and they assume an information-providing rather than a determinative role.

Mass-market production of souvenirs, their disposability and their mixed up, interpretive styling may detach the tourist from the actual experience. Conversely, it is the personal relationship that is formed between the tourist and the souvenir that makes the object authentic. The personalization of souvenirs, through 3D printing, offers opportunities for a different approach to manufacturing that influences notions of authenticity. In this way, it is possible to escape the serial reproduction of culture, engage tourists in the creation of meaning, and (re)frame the connections among them, their visited places, and their souvenirs. This chapter considers how the personalization of souvenirs through 3D printing technologies challenges and redefines existing notions of authenticity in touristic consumption.

The problem of intentional environmental harms is discussed as the combined consequence of limited liability laws and specific capital structures. When the conditions are “right”, then the option of planned liquidation is optimal for certain types of firms. These firms are typified by capital structures that make it easy for them to engage in “hit and run” strategies on their industries, i.e. they operate with the intention of early exit. When this is the case it can be demonstrated that mandatory insurance forms of institutions are inadequate to the regulation of this particular problem. It is necessary to engage some manner of continuous monitoring institution, capable of observing and identifying when the capital structure of the firm begins to resemble those that would choose to engage in strategic liquidation. The paper concludes by stating that it might be possible to introduce private sector (bonding) institutions that perform this function, but it is more likely that a combination of public and private sector institutions will be able to best undertake the combined monitoring/insurance role that this requires. In short, the paper recommends that the public sector should have the obligation to monitor/audit all limited liability institutions for the existence of the pre-conditions for “looting” behaviour, and then to charge these firms for limited liability in order to cover the costs of the monitoring. In this way the costs of incorporation would be raised sufficiently to render the worst forms of looting unlikely from the outset.