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This paper examines household preferences for community recycling programs, which have both public and private good dimensions. The data come from a survey conducted in Seattle (WA) which elicited stated preference-contingent ratings for different recycling programs relative to status quo, with...
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Humans are fundamentally social. Social activities require coordination, which may yield multiple equilibria in the form of stable, self-reinforcing patterns of herd behavior. Since environmental impacts can differ substantially between alternative equilibria, such self-reinforcing behaviors...
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1. Introduction -- 2. The purpose of a project analysis -- 3. Types of analysis -- 4. Efficiency -- 5. Utility -- 6. Social welfare -- 7. Equal welfare weights -- 8. Benefits measured in environmental units -- 9. Disagreement -- 10. Willingness to pay for the social good -- 11. The main message...
Persistent link: https://www.econbiz.de/10015067929
Humans are fundamentally social. Social activities require coordination, which may yield multiple equilibria in the form of stable, self-reinforcing patterns of herd behavior. Since environmental impacts can differ substantially between alternative equilibria, such self-reinforcing behaviors...
Persistent link: https://www.econbiz.de/10012058706
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It has often been claimed that firms' compliance to environmental regulations is higher than predicted by standard theory, a result labeled the "Harrington paradox" in the literature. Enforcement data from Norway presented here appears, at first glance, to confirm this "stylized fact": Firms are...
Persistent link: https://www.econbiz.de/10014070264