Optimal pricing of environmental and natural resource use with stock externalities
Article Abstract:
Static market-based policy instruments such as the Pigouvian tax should be modified to adapt to interlinked stock externalities with threshold effects that are caused by the exploitation and consumption of natural resources. A simple dynamic model was utilized to evaluate the need for modifications on static market-based policy instruments in the presence of interlinked stock externalities. Changes in parameter values such as reduction of marginal abatement costs and levels of fossil fuel consumption affect optimal control policies.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1996
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Optimal policies for solid waste disposal taxes, subsidies, and standards
Article Abstract:
An analysis of the policies with regards pricing trash collection and disposal services reveals that deposit-refund system optimizes the amount of solid waste disposal by minimizing the amount of illegal waste disposal. Other systems have been found to be politically unpopular and have the tendency to promote the illegal disposal of trash. The study shows that deposit-refund systems can act as disposal charges and may be used with information requirements for setting the optimal standards and accompanying taxes.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1997
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Regulatory dealing - revisiting the Harrington paradox
Article Abstract:
A static model that is consistent with the assumption that the EPA interacts with a particular firm in more than one enforcement context or domain is presented. The model was used to consider the effect of the growing trend towards citizen suits and NGO enforcement of regulation, arriving at some unconventional conclusions. Results suggest that the model is consistent with existing empirical stylized facts.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1999
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