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This essay reviews the theoretical and empirical literature on quality disclosure and certification. After comparing quality disclosure with other quality assurance mechanisms and describing a brief history of quality disclosure, we address three key theoretical issues: (i) Why don't sellers...
Persistent link: https://www.econbiz.de/10012463006
Formal rules within organizations are pervasive, but may be interpreted and implemented differently by actors within the organization, impacting organizational outcomes. We consider a delegation reform that changed formal rules within the environmental regulator in an Indian state, by giving...
Persistent link: https://www.econbiz.de/10014447312
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies - to reduce virgin materials extraction, to encourage green design, and to make better use of...
Persistent link: https://www.econbiz.de/10014544698
We summarize the economics of recycling municipal solid waste. OECD data suggest that aggregate recycling rates in … member countries have plateaued in recent decades. United States recycling rates for some materials remain low, even after … decades of learning and participation. Major new policies may be required to increase recycling rates. Aggregate recycling …
Persistent link: https://www.econbiz.de/10015072922
This paper provides a broad overview of recent trends in solid waste and recycling, related public policy issues, and … the economics literature devoted to these topics. Public attention to solid waste and recycling has increased dramatically … makers choose the efficient mix of policy levers to regulate solid waste and recycling activities. Economists have also …
Persistent link: https://www.econbiz.de/10012471458
This paper estimates the impact of a user fee and a curbside recycling program on garbage and recycling amounts … policies and the levels of garbage and recycling collected in the community. A simple sequential model of local policymaking is … cross-section of towns without user fees but with and without curbside recycling programs. The combined data set is larger …
Persistent link: https://www.econbiz.de/10012472797
We analyze alternative policies such as a disposal content fee, a subsidy for recyclable designs, unit pricing of household disposal, a deposit-refund system, and a manufacturer `take-back' requirement. In order to identify the problem being addressed, we build a simple general equilibrium model...
Persistent link: https://www.econbiz.de/10012473254
This paper develops a utility maximizing model of household choice among garbage disposal, recycling, and littering … recycling. The model explains (1) why some households participate in curbside recycling programs even in the absence of a user …-wide quantities of garbage, recycling, and litter. We show how an increase in the user fee can decrease aggregate recycling …
Persistent link: https://www.econbiz.de/10012474002
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10012467161
In the absence of first-best climate policy, energy efficiency has figured prominently among strategies to reduce carbon emissions. One of the most sought-after green certification in the building sector is the internationally recognized Leadership in Energy & Environmental Design (LEED). This...
Persistent link: https://www.econbiz.de/10012496166