Advanced Search
MyIDEAS: Login to save this paper or follow this series

Controling externalities with asymmetric information : Ferrous Scrap Recycling and the Gold Rush Problem

Contents:

Author Info

  • Ignace Adant

    (CECO - Laboratoire d'econometrie de l'école polytechnique - CNRS : UMR7657 - Polytechnique - X)

  • Pierre Fleckinger

    (CECO - Laboratoire d'econometrie de l'école polytechnique - CNRS : UMR7657 - Polytechnique - X)

Abstract

Nous proposons un modèle de l'organisation monopsonistique d'une filière de recyclage des métaux ferreux. Ce type d'activité se distingue par des externalités négatives propres à la collecte et de fortes asymétries d'information sur la qualité des matières collectées. Après avoir mis en lumière un effet de "ruée vers l'or" - la relation entre le niveau de prix et les externalités négatives de collecte - nous expliquons comment un recycleur monopsoneur régule l'activité de collecte en contrôlant le degré d'asymétrie d'information. En particulier, plus la valeur d'une ferraille est élevée, plus les asymétries d'information doivent être importantes. En termes de bien-être, ceci peut être efficace mais induit un dilemme équité-efficacité, lequel est d'autant plus marqué que l'on intègre la dimension environnementale du problème.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://hal.archives-ouvertes.fr/docs/00/24/30/17/PDF/2005-12-12-1271.pdf
Download Restriction: no

Bibliographic Info

Paper provided by HAL in its series Working Papers with number hal-00243017.

as in new window
Length:
Date of creation: 2005
Date of revision:
Handle: RePEc:hal:wpaper:hal-00243017

Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00243017/en/
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/

Related research

Keywords:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 62, pages 124.
  2. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 84(3), pages 488-500, August.
  3. Aggarwal, Rimjhim M. & Narayan, Tulika A., 2004. "Does inequality lead to greater efficiency in the use of local commons? The role of strategic investments in capacity," Journal of Environmental Economics and Management, Elsevier, vol. 47(1), pages 163-182, January.
  4. Colin W. Clark & Gordon R. Munro, 1980. "Fisheries and the Processing Sector: Some Implications for Management Policy," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 603-616, Autumn.
  5. Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-48, June.
  6. Newbery, David M G, 1975. "Congestion and Over-exploitation of Free Access Resources," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 42(167), pages 243-60, August.
  7. William E. Schworm, 1983. "Monopsonistic Control of a Common Property Renewable Resource," Canadian Journal of Economics, Canadian Economics Association, vol. 16(2), pages 275-87, May.
  8. Clay, Karen & Wright, Gavin, 2005. "Order without law? Property rights during the California gold rush," Explorations in Economic History, Elsevier, Elsevier, vol. 42(2), pages 155-183, April.
  9. Haveman, Robert H, 1973. "Common Property, Congestion, and Environmental Pollution," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 87(2), pages 278-87, May.
  10. Greif, Avner & Milgrom, Paul & Weingast, Barry R, 1994. "Coordination, Commitment, and Enforcement: The Case of the Merchant Guild," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 102(4), pages 745-76, August.
  11. Dixit, Avinash K, 1987. "Strategic Behavior in Contests," American Economic Review, American Economic Association, vol. 77(5), pages 891-98, December.
  12. Cornes, Richard & Mason, Charles F & Sandler, Todd, 1986. "The Commons and the Optimal Number of Firms," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 101(3), pages 641-46, August.
  13. Baland, Jean-Marie & Platteau, Jean-Philippe, 1997. "Coordination problems in local-level resource management," Journal of Development Economics, Elsevier, vol. 53(1), pages 197-210, June.
  14. Edward Sherwood Meade, 1897. "The Production of Gold Since 1850," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 6, pages 1.
  15. Stiglitz, Joseph E, 1976. "Monopoly and the Rate of Extraction of Exhaustible Resources," American Economic Review, American Economic Association, vol. 66(4), pages 655-61, September.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-00243017. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.