Title of article :
Weak complementarity and production
Author/Authors :
Ju-Chin Huang، نويسنده , , V. Kerry Smith، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
This paper describes how weak complementarity, a common assumption to characterize consumer preferences for recovering measures of willingness to pay for nonmarketed environmental resources, can be used to evaluate the effects of pollution that may affect profits or costs. In such cases, pollution serves as an externality imposed by third parties on production activities.
Keywords :
Externalities , Production losses , Quasi-rents , weak complementarity
Journal title :
Economics Letters
Journal title :
Economics Letters