On the flexibility of optimal policies for green design

Chongwoo Choe; Iain Fraser

doi:10.1023/A:1011170816440

On the flexibility of optimal policies for green design

Chongwoo Choe, Iain Fraser

Research output: Contribution to journal › Article › Research › peer-review

14 Citations (Scopus)

Abstract

Several recent papers show that different combinations of taxes and subsidies can achieve the social optimum for green design and household waste management when there are various market failures. This note shows that such policy flexibility exists only if all relevant actions by individual agents can be properly targeted by economic instruments. If the household can make a private effort to reduce waste, then an optimal policy is shown to be a unique combination of given economic instruments.

Original language	English
Pages (from-to)	367-371
Number of pages	5
Journal	Environmental and Resource Economics
Volume	18
Issue number	4
DOIs	https://doi.org/10.1023/A:1011170816440
Publication status	Published - 1 Jan 2001
Externally published	Yes

Keywords

Green design
Household waste
Optimal policy

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10.1023/A:1011170816440

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On the flexibility of optimal policies for green design

Abstract

Keywords

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