Maxium Victim Benefit: A Fair Division Process in Transboundary Pollution Problems

Henry Van Egteren () and Jianmin Tang

Environmental & Resource Economics, 1997, vol. 10, issue 4, 363-386

Abstract: We introduce a side-payment scheme, maximum victim benefit, that promotes ‘stable’ international environmental agreements. In developing this scheme, we incorporate the equity position that victims of pollution should benefit from pollution control. The result is a scheme which picks a unique element in the core; it maximizes the benefits to the victims of pollution and ensures that polluters are willing to join the scheme. Copyright Kluwer Academic Publishers 1997

Keywords: polluter pays princpile; maximum victim benefit; international environmental agreements (search for similar items in EconPapers)
Date: 1997
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Citations: View citations in EconPapers (4)

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DOI: 10.1023/A:1018348607253

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