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Who gets what in environmental policy?

Listed author(s):
  • Wolfson, Dirk J.
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    This paper shows how anticipated impacts of environmental projects and policies can be valued in terms of money as a common denominator, and costs and benefits assigned in an acceptable distribution. To that effect, a new mechanism design of situational contracting is introduced that generates information on willingness and ability to pay or to cooperate, in a realization-focused capability approach to fairness. The situational contract reveals preferences and merit considerations of the relevant stakeholders and deals with market failure in a structured combination of political guidance, expert opinions and co-production.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0921800914000809
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    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 102 (2014)
    Issue (Month): C ()
    Pages: 8-14

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    Handle: RePEc:eee:ecolec:v:102:y:2014:i:c:p:8-14
    DOI: 10.1016/j.ecolecon.2014.03.003
    Contact details of provider: Web page: http://www.elsevier.com/locate/ecolecon

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    1. repec:hrv:faseco:33077889 is not listed on IDEAS
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    8. Pierre Koning & Carolyn J. Heinrich, 2013. "Cream‐Skimming, Parking and Other Intended and Unintended Effects of High‐Powered, Performance‐Based Contracts," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 32(3), pages 461-483, June.
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    12. A. B. Atkinson, 2012. "Public Economics after The Idea of Justice," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(4), pages 521-536, November.
    13. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
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    15. McVittie, Alistair & Moran, Dominic, 2010. "Valuing the non-use benefits of marine conservation zones: An application to the UK Marine Bill," Ecological Economics, Elsevier, vol. 70(2), pages 413-424, December.
    16. Breton, Albert, 1995. "Organizational hierarchies and bureaucracies: An integrative essay," European Journal of Political Economy, Elsevier, vol. 11(3), pages 411-440, September.
    17. Boyd, James & Banzhaf, Spencer, 2007. "What are ecosystem services? The need for standardized environmental accounting units," Ecological Economics, Elsevier, vol. 63(2-3), pages 616-626, August.
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    19. Schnellenbach, Jan, 2012. "Nudges and norms: On the political economy of soft paternalism," European Journal of Political Economy, Elsevier, vol. 28(2), pages 266-277.
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