Which compensation for whom ?

Pascal Gastineau () and Emmanuelle Taugourdeau
Additional contact information
Pascal Gastineau: IFSTTAR/AME/LTE - Laboratoire Transports et Environnement - IFSTTAR - Institut Français des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux - Université de Lyon, EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper examines a situation where a decision-maker determines the appropriate compensation that should be implemented for a given ecological damage. The compensation can be either or both in monetary and environmental units to meet three goals : i) no aggregate welfare loss, ii) minimization of the cost associated with the compensation, iii) minimal environmental compensation requirement. The findings suggest that - in some cases - providing both monetary and environmental compensation can be the best option. We also emphasize the impact of implementing a minimal environmental compensation constraint especially in terms of equity and cost efficiency.

Keywords: bien-être; inéquité; Environmental damage; compensation; welfare; inequity; Dommage environnemental (search for similar items in EconPapers)
Date: 2012-11
New Economics Papers: this item is included in nep-env
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00768884v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in 2012

Downloads: (external link)
https://shs.hal.science/halshs-00768884v1/document (application/pdf)

Related works:
Working Paper: Which compensation for whom ? (2012)
Working Paper: Which compensation for whom? (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-00768884

Access Statistics for this paper

More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().