Prevention and treatment in environmental policy design.
The writers present an analytical framework for investigating the choices of prevention versus treatment in the context of environmental policy design. They consider the case where effectiveness of treatment is known at the time that the allocation decisions must be taken. They then extend the ana...
| Published in: | Journal of Environmental Economics & Management Vol. 33; pp. 196 - 214 |
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| Main Authors: | , |
| Format: | Article |
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Academic Press Inc.
June 1997
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513003883&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513003883 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00950696 EEM jtl: Journal of Environmental Economics & Management issn: 00950696 maglogo: N pubinfo: dt: June 1997 vid: 33 pid: 735 pub: Academic Press Inc. artinfo: ui: 513003883 10.1006/jeem.1997.0983 ppf: 196 ppct: 18 formats: tig: atl: Prevention and treatment in environmental policy design. aug: au: Barrett, James Segerson, Kathleen su: Hazardous wastes Resource allocation -- Mathematical models Externalities Decision making in environmental policy Uncertainty Economics sug: subj: Hazardous wastes Resource allocation -- Mathematical models Externalities Decision making in environmental policy Uncertainty Economics ab: The writers present an analytical framework for investigating the choices of prevention versus treatment in the context of environmental policy design. They consider the case where effectiveness of treatment is known at the time that the allocation decisions must be taken. They then extend the analysis to the case where the effectiveness is unsure and develop a framework for considering the tradeoff between prevention and treatment under a “safety” rule. In both cases, they analyze the factors that affect the allocation of resources between prevention and treatment and demonstrate that these factors can influence the second-best allocations of resources in ways that are contrary to the effect under the Pareto efficient allocation. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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