Interactive aspects of producers and waste-disposal firms out of a market boundary

Eiji Hosoda

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper examines how environmentally friendly production and disposal of waste are promoted by interaction between producers and disposal firms out of a market boundary. Utilizing the dual nature of price and quantity systems, I show that the concept of natural price or production price can be applied to constructing a sustainable economy, where production and waste disposal are made with a relatively small environmental burden. I demonstrate that such a sustainable economy can be created by extended producer responsibility.

Original languageEnglish
Article number7
JournalJournal of Economic Structures
Volume5
Issue number1
DOIs
Publication statusPublished - 2016 Dec 1

Keywords

  • Extended producer responsibility
  • Reproducibility
  • Sustainable equilibrium
  • Waste

ASJC Scopus subject areas

  • Economics and Econometrics
  • Economics, Econometrics and Finance (miscellaneous)

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