A renewal theoretic approach to environmental standard setting
نویسنده
چکیده
The process of environmental regulation is usually a two-step one. In the first step, a standard for environmental quality is set. Then, in the second step, a regulatory mechanism is put in place to achieve the standard. In this paper I show how renewal theory can be used to set the quality standard optimally. JEL Classification: D81, Q20
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ورودعنوان ژورنال:
- Appl. Math. Lett.
دوره 13 شماره
صفحات -
تاریخ انتشار 2000