Batabyal, Amitrajeet; Nijkamp, Peter - In: Applied Economics Letters 16 (2009) 4, pp. 337-341
Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyse two questions in a stochastic framework from the...