La pollution est non convexe
Whether environmental pollution is likely to cause significant non-convexities in the economy has sparked much debate since Baumol introduced the problem in 1964. This problem is of considerable importance in terms of the existence and unicity of equilibria and the search for the economic optimum. Using an example based on Quebec's experience with toxic waste handling, it is demonstrated that such non-convexities are likely to be encountered in the real world. Two solutions to the problem are discussed. La question de savoir si la pollution de l’environnement produit des non-convexités significatives dans l’économie a provoqué un débat depuis que Baumol a introduit le problème en 1964. Ce problème est de grande importance en termes de l’existence et de l’unicité de l’équilibre et de la recherche de l’optimum économique. Prenant un exemple de l’expérience québécoise dans la disposition des déchets toxiques, il est démontré que ces non-convexités sont rencontrées dans le monde réel. Deux solutions au problème sont discutées.
Volume (Year): 64 (1988)
Issue (Month): 2 (juin)
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- Starrett, David A., 1972. "Fundamental nonconvexities in the theory of externalities," Journal of Economic Theory, Elsevier, vol. 4(2), pages 180-199, April.
- Page, Talbot & Ferejohn, John A, 1974. "Externalities as Commodities: Comment," American Economic Review, American Economic Association, vol. 64(3), pages 454-459, June.
- Kahn, James R. & Kemp, W. Michael, 1985. "Economic losses associated with the degradation of an ecosystem: The case of submerged aquatic vegetation in Chesapeake Bay," Journal of Environmental Economics and Management, Elsevier, vol. 12(3), pages 246-263, September.
- Cooter, Robert D., 1980. "How the law circumvents Starrett's nonconvexity," Journal of Economic Theory, Elsevier, vol. 22(3), pages 499-504, June.
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