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recycled and finally landfilled, and where a recycling firm has market power. The material content constitutes an aspect of … green product design and affects the recycling costs. Although the recycling firm's supply of recycling services is … proposed which correct for market failures. One promising candidate is a relative recycling standard combined with a …
Persistent link: https://www.econbiz.de/10010322087
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
This paper examines a Waste Management Organisation's (WMO) pricing options to implement the Pareto-efficient allocation in an economy where materials are first extracted, then used for producing a consumption good and finally recycled or landfilled. The WMO is established by the producers who...
Persistent link: https://www.econbiz.de/10010322082
We experimentally investigate purchase decisions with linear and nonlinear pricing under risk. The experiment is based on a single period stochastic inventory problem with endogenous cost. It extends classic binary lottery experiments to test standard decision theoretic predictions concerning...
Persistent link: https://www.econbiz.de/10010264816