Our paper compares external effects of two municipal solid waste disposal technologies, bioreactor and dry tomb landfills, in a 600-year time-horizon using two different discounting techniques: Constant conventional discounting and Generation Adjusted Discounting (GAD). The paper starts with a...

The paper surveys economic aspects of sustainability and the use of complex ecological systems. In a first step, an economist's view of the concept of sustainability is presented. Then, a simple model of the economic use of a dynamic ecological system is discussed. It is shown how economically...

The paper inquires whether a public eco-label mitigatesadverse selection, where an ecologically superior (green) product variant is underprovided. A model, integrating entry into a perfectly competitive, vertically differentiated industry and rationally expected quality structure (REQS) under...