Why environmental management may yield no-regret pollution abatement options

Thierry Bréchet and Pierre-André Jouvet

Ecological Economics, 2009, vol. 68, issue 6, 1770-1777

Abstract: Empirical evidence supports the existence of pollution abatement possibilities at negative costs, the so-called 'no-regret options'. We provide a microeconomic rationale for the existence of such potential at the firm level. An econometric application confirms that pollution abatement cost curves with no-regret options are compatible with a standard production function, as stated in our theoretical model.

Keywords: No-regret; options; Pollution; Environmental; management (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (9)

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