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Under the assumption of imperfect competition in a durable good industry, the present paper investigates the efficient regulation of solid waste which causes environmental damage at the end of the product's life. It turns out that the second-best waste tax falls short of the marginal...
Persistent link: https://www.econbiz.de/10011525655
Mit Hilfe eines parametrischen Modells werden unter der Annahme einer endogenen Qualitaet und einer monopolistischen Marktstruktur verschiedene Allokationsmechanismen oeffentlicher Gueter fuer den Spezialfall eines Rundfunkprogramms analysiert. Dabei zeigt sich die Ueberlegenheit eines...
Persistent link: https://www.econbiz.de/10011332265
For a durable consumption good which turns into waste after consumption, the socially optimal durability increases with an increase in the marginal environmental damage. In a laissez-faire equilibrium under perfect competition, producers fail to provide an efficient product design, i.e....
Persistent link: https://www.econbiz.de/10010322063
This note corrects an error in the analysis of Goering/Boyce (1999) and extends their results. In this way, it refutes the claim that the durability of rented products plays a decisive role for the second-best emission taxation under imperfect competition.
Persistent link: https://www.econbiz.de/10010322076
In a dynamic general equilibrium model we explictly consider the relationship between the product attributes 'durability' and 'recyclability'. Both efficiency and sustainability aspects are taken into account. It turns out (a) that durability may be inefficient even in a perfectly competitive...
Persistent link: https://www.econbiz.de/10010322078
Under the assumption of imperfect competition in a durable good industry, the present paper investigates the efficient regulation of solid waste which causes environmental damage at the end of the product's life. It turns out that the second-best waste tax falls short of the marginal...
Persistent link: https://www.econbiz.de/10010322080
This note corrects an error in the analysis of Goering/Boyce (1999) and extends their results. In this way, it refutes the claim that the durability of rented products plays a decisive role for the second-best emission taxation under imperfect competition.
Persistent link: https://www.econbiz.de/10011525630
For a durable consumption good which turns into waste after consumption, the socially optimal durability increases with an increase in the marginal environmental damage. In a laissez-faire equilibrium under perfect competition, producers fail to provide an efficient product design, i.e....
Persistent link: https://www.econbiz.de/10011525670