On the flexibility of optimal policies for green design

  • Choe C
  • Fraser I
  • 18

    Readers

    Mendeley users who have this article in their library.
  • 9

    Citations

    Citations of this article.

Abstract

Several recent papers show that different combinations of taxes and subsidies can achieve the social optimum for green design and household waste management when there are various market failures. This note shows that such policy flexibility exists only if all relevant actions by individual agents can be properly targeted by economic instruments. If the household can make a private effort to reduce waste, then an optimal policy is shown to be a unique combination of given economic instruments.

Author-supplied keywords

  • Green design
  • Household waste
  • Optimal policy

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

Authors

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free