IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v102y2014icp8-14.html
   My bibliography  Save this article

Who gets what in environmental policy?

Author

Listed:
  • Wolfson, Dirk J.

Abstract

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.

Suggested Citation

  • Wolfson, Dirk J., 2014. "Who gets what in environmental policy?," Ecological Economics, Elsevier, vol. 102(C), pages 8-14.
    • Handle: RePEc:eee:ecolec:v:102:y:2014:i:c:p:8-14
    DOI: 10.1016/j.ecolecon.2014.03.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800914000809
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2014.03.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Andrei Shleifer, 1998. "State versus Private Ownership," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 133-150, Fall.
    2. Fehr, Ernst & Falk, Armin, 2002. "Psychological foundations of incentives," European Economic Review, Elsevier, vol. 46(4-5), pages 687-724, May.
    3. Stevens, Thomas H., 2005. "Can Stated Preference Valuations Help Improve Environmental Decision Making?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 20(3), pages 1-5.
    4. Bateman, Ian J. & Day, Brett H. & Georgiou, Stavros & Lake, Iain, 2006. "The aggregation of environmental benefit values: Welfare measures, distance decay and total WTP," Ecological Economics, Elsevier, vol. 60(2), pages 450-460, December.
    5. Wolfson, Dirk J. & Koopmans, Carl C., 1996. "Regulatory taxation of fossil fuels: Theory and policy," Ecological Economics, Elsevier, vol. 19(1), pages 55-65, October.
    6. Richard Carson & Nicholas Flores & Norman Meade, 2001. "Contingent Valuation: Controversies and Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 173-210, June.
    7. 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.
    8. Ingrid Robeyns, 2005. "The Capability Approach: a theoretical survey," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 6(1), pages 93-117.
    9. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    10. 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.
    11. Breton, Albert, 1995. "Organizational hierarchies and bureaucracies: An integrative essay," European Journal of Political Economy, Elsevier, vol. 11(3), pages 411-440, September.
    12. 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.
    13. Sagoff, Mark, 2011. "The quantification and valuation of ecosystem services," Ecological Economics, Elsevier, vol. 70(3), pages 497-502, January.
    14. James K. Hammitt, 2013. "Positive versus Normative Justifications for Benefit-Cost Analysis: Implications for Interpretation and Policy," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 7(2), pages 199-218, July.
    15. 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.
    16. Hillman,Arye L., 2009. "Public Finance and Public Policy," Cambridge Books, Cambridge University Press, number 9780521494267, April.
    17. 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.
    18. Wolfson, Dirk J, 1996. "Excess Burdens, Double Dividends, and the Taxation of Fossil Fuels," Public Finance = Finances publiques, , vol. 51(4), pages 441-452.
    19. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
    20. Bruno S. Frey & Reto Jegen, 2001. "Motivation Crowding Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 15(5), pages 589-611, December.
    21. Carson, Richard T & Flores, Nicholas A, 2000. "Contingent Valuation: Controversies and Evidence," University of California at San Diego, Economics Working Paper Series qt75k752s7, Department of Economics, UC San Diego.
    22. Hillman,Arye L., 2009. "Public Finance and Public Policy," Cambridge Books, Cambridge University Press, number 9780521738057, April.
    23. William M. Dugger, 1996. "The Mechanisms of Governance," Journal of Economic Issues, Taylor & Francis Journals, vol. 30(4), pages 1212-1216, December.
    24. Joseph E. Stiglitz, 2002. "Information and the Change in the Paradigm in Economics," American Economic Review, American Economic Association, vol. 92(3), pages 460-501, June.
    25. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Koffi M. Adji & Aklesso Y. G. Egbendewe & Boris O. K. Lokonon, 2022. "Potential impacts of sustainable agricultural practices on smallholders' behavior in developing countries: Evidence from Togo," Natural Resources Forum, Blackwell Publishing, vol. 46(1), pages 73-87, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Leonardo Becchetti & Nazaria Solferino & M. Tessitore, 2015. "How to safeguard world heritage sites? A theoretical model of “cultural responsibility”," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 62(3), pages 223-248, September.
    2. Yang, Wu & Chang, Jie & Xu, Bin & Peng, Changhui & Ge, Ying, 2008. "Ecosystem service value assessment for constructed wetlands: A case study in Hangzhou, China," Ecological Economics, Elsevier, vol. 68(1-2), pages 116-125, December.
    3. Jean-Daniel Rinaudo & Stéphanie Aulong, 2014. "Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?," Post-Print hal-00934930, HAL.
    4. Paul H. Jensen & Robin E. Stonecash, 2004. "The Efficiency of Public Sector Outsourcing Contracts: A Literature Review," Melbourne Institute Working Paper Series wp2004n29, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    5. Daniel McFadden, 2009. "The human side of mechanism design: a tribute to Leo Hurwicz and Jean-Jacque Laffont," Review of Economic Design, Springer;Society for Economic Design, vol. 13(1), pages 77-100, April.
    6. Rosella Levaggi & Francesco Menoncin, 2014. "Health care expenditure decisions in the presence of devolution and equalisation grants," International Journal of Health Economics and Management, Springer, vol. 14(4), pages 355-368, December.
    7. Jon Strand, 2007. "Public-good valuation and intra-family allocation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 38(4), pages 527-543, December.
    8. Ndebele, Tom & Forgie, Vicky, 2017. "Estimating the economic benefits of a wetland restoration programme in New Zealand: A contingent valuation approach," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 75-89.
    9. Facchini, François & Melki, Mickaël, 2013. "Efficient government size: France in the 20th century," European Journal of Political Economy, Elsevier, vol. 31(C), pages 1-14.
    10. Heink, Ulrich & Jax, Kurt, 2019. "Going Upstream — How the Purpose of a Conceptual Framework for Ecosystem Services Determines Its Structure," Ecological Economics, Elsevier, vol. 156(C), pages 264-271.
    11. Divinsky, Itai & Becker, Nir & Bar (Kutiel), Pua, 2017. "Ecosystem service tradeoff between grazing intensity and other services - A case study in Karei-Deshe experimental cattle range in northern Israel," Ecosystem Services, Elsevier, vol. 24(C), pages 16-27.
    12. J.-D. Rinaudo & S. Aulong, 2014. "Defining Groundwater Remediation Objectives with Cost-benefit Analysis: Does It Work?," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 28(1), pages 261-278, January.
    13. Sahan T. M. Dissanayake & Amy W. Ando, 2014. "Valuing Grassland Restoration: Proximity to Substitutes and Trade-offs among Conservation Attributes," Land Economics, University of Wisconsin Press, vol. 90(2), pages 237-259.
    14. Goff, Sandra H. & Waring, Timothy M. & Noblet, Caroline L., 2017. "Does Pricing Nature Reduce Monetary Support for Conservation?: Evidence From Donation Behavior in an Online Experiment," Ecological Economics, Elsevier, vol. 141(C), pages 119-126.
    15. Martin Kolmar, 2015. "Costly Exclusion, Property-Rights Enforcement, and the Optimal Supply of Rival and Nonrival Goods," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 171(3), pages 405-431, September.
    16. Perez-Verdin, Gustavo & Sanjurjo-Rivera, Enrique & Galicia, Leopoldo & Hernandez-Diaz, Jose Ciro & Hernandez-Trejo, Victor & Marquez-Linares, Marco Antonio, 2016. "Economic valuation of ecosystem services in Mexico: Current status and trends," Ecosystem Services, Elsevier, vol. 21(PA), pages 6-19.
    17. van der Heide, C. Martijn & van den Bergh, Jeroen C.J.M. & van Ierland, Ekko C. & Nunes, Paulo A.L.D., 2008. "Economic valuation of habitat defragmentation: A study of the Veluwe, the Netherlands," Ecological Economics, Elsevier, vol. 67(2), pages 205-216, September.
    18. Divinski, Itai & Becker, Nir & Bar (Kutiel), Pua, 2018. "Opportunity costs of alternative management options in a protected nature park: The case of Ramat Hanadiv, Israel," Land Use Policy, Elsevier, vol. 71(C), pages 494-504.
    19. Jobstvogt, Niels & Hanley, Nick & Hynes, Stephen & Kenter, Jasper & Witte, Ursula, 2014. "Twenty thousand sterling under the sea: Estimating the value of protecting deep-sea biodiversity," Ecological Economics, Elsevier, vol. 97(C), pages 10-19.
    20. Yadav, Lava Prakash & O'Neill, Stephen, 2013. "Is there agreement between beneficiaries on who should bear the costs of conserving farm landscapes?," Tourism Management, Elsevier, vol. 39(C), pages 62-70.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:102:y:2014:i:c:p:8-14. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.