TY - JOUR
T1 - Economic analysis of gradual "social exhaustion" of waste management capacity
AU - Koide, Hideo
AU - Nakayama, Hirofumi
N1 - Funding Information:
This work is financially supported by Grants-in-Aid Nos.(C) 22560546 (for Scientific Research) and (B) 23730263 (for Young Scientists) awarded by Japan Society for the Promotion of Science. The authors would like to thank the participants of the 2012 Spring Meeting of the Japan Association for Applied Economics held at Fukuoka University and of the 5th International Symposium on Environmental Economy and Technology (ISEET-2012) held at Fukuoka Institute of Technology for their useful comments. The daily communication from and support of key members of the Fukuoka Interdisciplinary Forum for Environmental Problems (http://fukuokagakusai.com/) are also greatefully acknowledged.
PY - 2013/12
Y1 - 2013/12
N2 - This article proposes to analyze the quantitative effects of a gradual physical and "social" exhaustion of a landfill site on an equilibrium waste management service. A gradual social exhaustion of a landfill is defined here as an upward shift of a "subjective factor" associated with the amount of waste, based on the plausible hypothesis that an individual will not accept excessive presence of landfilled waste. Physical exhaustion occurs when the absolute capacity of a landfill site decreases. The paper shows some numerical examples using specific functions and parameters, and proposes appropriate directions for three policy objectives: to decrease the equilibrium waste disposal, to increase the economic surplus of the individual and/or the waste management firm, and to lower the equilibrium collection fee.
AB - This article proposes to analyze the quantitative effects of a gradual physical and "social" exhaustion of a landfill site on an equilibrium waste management service. A gradual social exhaustion of a landfill is defined here as an upward shift of a "subjective factor" associated with the amount of waste, based on the plausible hypothesis that an individual will not accept excessive presence of landfilled waste. Physical exhaustion occurs when the absolute capacity of a landfill site decreases. The paper shows some numerical examples using specific functions and parameters, and proposes appropriate directions for three policy objectives: to decrease the equilibrium waste disposal, to increase the economic surplus of the individual and/or the waste management firm, and to lower the equilibrium collection fee.
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U2 - 10.1016/S1001-0742(14)60618-5
DO - 10.1016/S1001-0742(14)60618-5
M3 - Article
C2 - 25078819
AN - SCOPUS:84899063960
SN - 1001-0742
VL - 25
SP - S15-S19
JO - Journal of Environmental Sciences (China)
JF - Journal of Environmental Sciences (China)
IS - S1
ER -