Environmental degradation and the limits to LOV

Yu-Fu Chen; Hassan Molana; Catia Montagna

We show how consumers’ environmental concerns may limit ‘love of variety’ (LOV) and be reflected in consumers decisions. We investigate how the impact of environmental degradation on LOV influences demand and optimal product variety, and how a pollution tax on firms might be used to improve upon the market outcome and increase welfare. -- Environmental degradation ; love-of-variety ; environmental policy

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Year of publication:	2010
Authors:	Chen, Yu-Fu ; Molana, Hassan ; Montagna, Catia
Publisher:	Dundee : Dep. of Economic Studies, Univ. of Dundee
Subject:	Umweltbelastung \| Pollution \| Konsumentenverhalten \| Consumer behaviour \| Produktdifferenzierung \| Product differentiation \| Umweltpolitik \| Environmental policy \| Wohlfahrtsanalyse \| Welfare analysis

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Extent:	Online-Ressource (5 S.) graph. Darst.
Series:	Dundee discussion papers in economics. - Dundee : [Verlag nicht ermittelbar], ISSN 1473-236X, ZDB-ID 2196325-3. - Vol. 234
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Classification:	L1 - Market Structure, Firm Strategy, and Market Performance ; Q2 - Renewable Resources and Conservation; Environmental Management
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003957043