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Characterizing regulation and negligence rule uncertainty in solid waste management

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Author Info
Gregory DeAngelo () (Rochester Institute of Technology)
Jeffrey Wagner () (Rochester Institute of Technology)
Abstract

We propose a model of municipal waste management that combines waste quality monitoring with leachate control. These inputs modulate two types of uncertainty. First, waste quality is uncertain, as it arrives from several nonpoint sources and may contain hazardous waste. Second, while U.S. federal law requires landfill operators to employ these specific inputs, the rates at which they should be employed to avoid culpable negligence for environmental damages are uncertain. We extend the economic literature regarding the management of these types of uncertainty to this municipal waste context.

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File URL: http://economicsbulletin.vanderbilt.edu/2005/volume11/EB-05K00005A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 11 (2005)
Issue (Month): 1 ()
Pages: 1-11
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:11:y:2005:i:1:p:1-11

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Related research
Keywords: landfill; leachate; municipal solid waste; negligence; nonpoint source pollution; precaution; waste management;

Find related papers by JEL classification:
K0 - Law and Economics - - General

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    Other versions:
  5. Ready Mark J. & Ready Richard C., 1995. "Optimal Pricing of Depletable, Replaceable Resources: The Case of Landfill Tipping Fees," Journal of Environmental Economics and Management, Elsevier, vol. 28(3), pages 307-323, May. [Downloadable!] (restricted)
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    Other versions:
  8. Ley, Eduardo & Macauley, Molly K. & Salant, Stephen W., 2002. "Spatially and Intertemporally Efficient Waste Management: The Costs of Interstate Trade Restrictions," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 188-218, March. [Downloadable!] (restricted)
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    Other versions:
  10. Fullerton, Don & Kinnaman, Thomas C, 1996. "Household Responses to Pricing Garbage by the Bag," American Economic Review, American Economic Association, vol. 86(4), pages 971-84, September. [Downloadable!] (restricted)
    Other versions:
  11. Dyar, Julie A. & Wagner, Jeffrey, 2003. "Uncertainty and species recovery program design," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 505-522, March. [Downloadable!] (restricted)
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    Other versions:
  14. Palmer, Karen & Walls, Margaret, 1997. "Optimal policies for solid waste disposal Taxes, subsidies, and standards," Journal of Public Economics, Elsevier, vol. 65(2), pages 193-205, August. [Downloadable!] (restricted)
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  18. W. Kip Viscusi & James T. Hamilton, 1999. "Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions," American Economic Review, American Economic Association, vol. 89(4), pages 1010-1027, September. [Downloadable!] (restricted)
  19. Millock, Katrin & Sunding, David & Zilberman, David, 2002. "Regulating Pollution with Endogenous Monitoring," Journal of Environmental Economics and Management, Elsevier, vol. 44(2), pages 221-241, September. [Downloadable!] (restricted)
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