Published May 15, 2019
| Version v1
Journal article
Optimal Waste Disposal Fees When Product Durability is Endogenous: Accounting for Planned Obsolescence
- 1. Ritsumeikan University, Faculty of Economics (Japan)
- 2. Kansai University, Faculty of Informatics (Japan)
- 3. Kobe City University of Foreign Studies (Japan)
Description
Considering the Coase conjecture (J Law Econ 15:143–149, 1972), we explore the optimal disposal fee of solid waste through the choice of product durability by a producer. We find that introducing a disposal fee curbs planned obsolescence and increases product durability. This increased durability decreases the social cost of waste and increases the service flow from the durable product. Therefore, the optimal disposal fee is higher than the Pigouvian level in the closed-loop.
Additional details
Identifiers
Publishing Information
- Journal Title
- Environmental and Resource Economics (Dordrecht)
- Journal Volume
- 73
- Journal Issue
- 1
- Journal Page Range
- p. 33-50
- ISSN
- 0924-6460
- CODEN
- ERECEP
INIS
- Country of Publication
- Netherlands
- Country of Input or Organization
- International Atomic Energy Agency (IAEA)
- INIS RN
- 54093698
- Subject category
- S54: ENVIRONMENTAL SCIENCES;
- Descriptors DEI
- ENVIRONMENT; SOLID WASTES; WASTE DISPOSAL; WEAR RESISTANCE
- Descriptors DEC
- MANAGEMENT; MECHANICAL PROPERTIES; WASTE MANAGEMENT; WASTES
Optional Information
- Copyright
- Copyright (c) 2018 Springer Science+Business Media B.V., part of Springer Nature