Weak complementarity and production

Ju Chin Huang

doi:10.1016/s0165-1765(98)00116-5

Weak complementarity and production

Ju Chin Huang

Economics

Research output: Contribution to journal › Article › peer-review

8 Scopus citations

Abstract

This paper describes how weak complementarity, a common assumption to characterize consumer preferences for recovering measures of willingness to pay for nonmarketed environmental resources, can be used to evaluate the effects of pollution that may affect profits or costs. In such cases, pollution serves as an externality imposed by third parties on production activities.

Original language	English (US)
Pages (from-to)	329-333
Number of pages	5
Journal	Economics Letters
Volume	60
Issue number	3
DOIs	https://doi.org/10.1016/s0165-1765(98)00116-5
State	Published - Sep 1 1998

Keywords

D24
Externalities
H23
H41
Production losses
Quasi-rents
Weak complementarity

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/s0165-1765(98)00116-5

Cite this

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title = "Weak complementarity and production",

abstract = "This paper describes how weak complementarity, a common assumption to characterize consumer preferences for recovering measures of willingness to pay for nonmarketed environmental resources, can be used to evaluate the effects of pollution that may affect profits or costs. In such cases, pollution serves as an externality imposed by third parties on production activities.",

keywords = "D24, Externalities, H23, H41, Production losses, Quasi-rents, Weak complementarity",

author = "Huang, {Ju Chin}",

note = "Funding Information: Partial support for Smith's research was provided by the UNC Sea Grant program under project R/MRD-32. Thanks are due to an anonymous referee for constructive comments. Copyright: Copyright 2020 Elsevier B.V., All rights reserved.",

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Y1 - 1998/9/1

N2 - This paper describes how weak complementarity, a common assumption to characterize consumer preferences for recovering measures of willingness to pay for nonmarketed environmental resources, can be used to evaluate the effects of pollution that may affect profits or costs. In such cases, pollution serves as an externality imposed by third parties on production activities.

AB - This paper describes how weak complementarity, a common assumption to characterize consumer preferences for recovering measures of willingness to pay for nonmarketed environmental resources, can be used to evaluate the effects of pollution that may affect profits or costs. In such cases, pollution serves as an externality imposed by third parties on production activities.

KW - D24

KW - Externalities

KW - H23

KW - H41

KW - Production losses

KW - Quasi-rents

KW - Weak complementarity

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JO - Economics Letters

JF - Economics Letters

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ER -

Weak complementarity and production

Abstract

Keywords

ASJC Scopus subject areas

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