When the regulatory threshold which specifies the maximum amount of waste that can be stored on site is exceeded, a waste generating firm must move waste to an off site location. Given that off site storage is costlier than on site storage, how much waste ought a firm - operating in a...

This paper summarizes the economics perspective on recycling of municipal solid waste. The first section reviews recent data on recycling rates in the United States and across all OECD countries. The OECD data suggest the average aggregate recycling rate across member countries appears to have...

Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyze two questions in a stochastic framework from the...

Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyze two questions in a stochastic framework from the...