Two aspects of waste management from the viewpoints of a waste generator and a recipient
Amitrajeet Batabyal and
Peter Nijkamp
Applied Economics Letters, 2009, vol. 16, issue 4, 337-341
Abstract:
Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyse two questions in a stochastic framework from the viewpoints of a waste generator and a recipient that have received scant theoretical attention in the literature. First, given that off site storage is costlier than on site storage, we derive the long-run average cost incurred by a waste generating firm that stores waste both on and off site. Second, we compute the expected amount of time until the off site recipient's waste storage facility is full.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:16:y:2009:i:4:p:337-341
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DOI: 10.1080/13504850601018528
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