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| Chu, Mei-Chin. |
| Hazardous wastes such as spent solvents and heavy-metal paint waste are characterized by certain adverse properties which include toxicity, reactivity, corrosivity, and flammability. Improper disposal of hazardous wastes may lead to air pollution, water pollution, or soil contamination which are dangerous for human health and for the ecosystem. These effects are known as externalities if the consequences, or costs, are not considered in the waste-generators' decisions. Due to externality, the social costs, including externality costs, and private costs diverge. Since the Love Canal event, hazardous waste disposal (HWD) has drawn national attention. A Roper poll reported that hazardous waste was perceived by the American public as the most important... |
| Tipo: Thesis or Dissertation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1994 |
URL: http://purl.umn.edu/11004 |
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| Preckel, Paul V.; Shively, Gerald E.; Baker, Timothy G.; Chu, Mei-Chin; Burrell, Jessica Eide. |
| This study examines incentives for input use under tournament contracts. We analyze implications of contract design for nitrate-based environmental externalities generated by agricultural producers. Outcomes are compared from contracts awarded by tournament to those from fixed-payment contracts. Our findings show contract insecurity can distort input use. The model developed in this analysis is applied to a region of the U.S. where tournament-based production is prevalent and groundwater contamination is a problem. We find contract insecurity increases nitrogen use by about 12%, resulting in a 17% increase in nitrate leaching. Implications for contract modification to reduce environmental externalities while maintaining contract incentives are discussed. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/30902 |
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