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The Role of Economic Analysis in Local Government Decisions: The Case of Solid Waste Management

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  • Halstead, John M.
  • Park, William M.

Abstract

The issue of solid waste management has risen to national prominence in the last decade, fueled by increasing waste disposal costs and changing public attitudes. This situation presents a major opportunity for economists to use their applied microeconomics skills to assist state and local governments manage waste in a cost effective fashion. While findings from formal research efforts may ultimately make their way into the decision-making process, perhaps economists can play an even more significant role in emphasizing the importance of the most basic economic concepts and principles for sound decision making in solid waste management or the many other areas in which local public choices are made. These areas would include at least the following: opportunity cost, marginal analysis of costs and benefits, and the role of economic incentives.

Suggested Citation

  • Halstead, John M. & Park, William M., 1996. "The Role of Economic Analysis in Local Government Decisions: The Case of Solid Waste Management," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(1), pages 76-82, April.
    • Handle: RePEc:cup:agrerw:v:25:y:1996:i:01:p:76-82_00
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    Cited by:

    1. Choe, Chongwoo & Fraser, Iain, 1998. "The economics of household waste management: a review," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(3), pages 1-34.
    2. Thomas C. Kinnaman & Don Fullerton, 2002. "The Economics of Residential Solid Waste Management," Chapters, in: Don Fullerton & Thomas C. Kinnaman (ed.), The Economics of Household Garbage and Recycling Behavior, chapter 1, pages 1-48, Edward Elgar Publishing.
    3. Francisco J. André & Emilio Cerdá, 2005. "Gestión de residuos sólidos urbanos: Análisis económico y políticas públicas," Economic Working Papers at Centro de Estudios Andaluces E2005/23, Centro de Estudios Andaluces.

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