The Siting Problem of Nimby Facilities: Cost – Benefit Analysis and Auction Mechanisms

Euston Quah and K C Tan
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K C Tan: Nanyang Business School, Nanyang Technological University, Nanyang Avenue, Singapore 639798

Environment and Planning C, 1998, vol. 16, issue 3, 255-264

Abstract: In this paper the authors discuss the characteristics of NIMBY (‘not in my backyard’) facilities as they relate to the impacts on the local neighbourhood. They evaluate the available conflict-resolution instalments used for the siting of NIMBY facilities, and in particular aim to suggest two alternative auction mechanisms for localities affected by these facilities, Some considerations for general compensation schemes arc also presented. Here, efficiency and some cost – benefit rules for compensation are suggested. Finally, some equity concerns are discussed.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:16:y:1998:i:3:p:255-264

DOI: 10.1068/c160255

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