haku: @indexterm POLLUTION / yhteensä: 343
viite: 204 / 343
| Tekijä: | Tahvonen, O. Salo, S. |
| Otsikko: | Nonconvexities in optimal pollution accumulation |
| Lehti: | Journal of Environmental Economics and Management
1996 : SEP, VOL. 31:2, p. 160-177 |
| Asiasana: | ENVIRONMENTAL ECONOMICS MANAGEMENT POLLUTION |
| Kieli: | eng |
| Tiivistelmä: | With a few exceptions, the analysis of optimal pollution accumulation or detrimental stock externalities rests on the assumptions that the level of damage is unbounded and that pollution decay increases monotonically with the level of pollution stock. The authors show that these assumptions are restrictive and that their generalization alters the basic economic properties of optimal pollution control. The authors specify a decay function which is concave with low stock levels and convex when pollution is higher. |
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