Determining the socially optimal recycling rate |
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| Institution: | 1. Department of Clinical Studies, School of Veterinary Medicine, University of Pennsylvania, Philadelphia, PA 19104-6010, USA;2. Department of Veterinary Medicine, Federal Rural University of Pernambuco, Recife, Brazil;1. China Institute of Manufacturing Development, Nanjing University of Information Science & Technology, Nanjing 210044, China;2. Research Centre for Soft Energy Sciences, Nanjing University of Aeronautics and Astronautics, Nanjing 211100, China;3. Morrison School of Agribusiness and Resource Management, Arizona State University, 7231 E Sonoran Arroyo Mall, Mesa, AZ 85212, USA;4. College of Business, Nanjing University, Nanjing 210093, China;1. School of Environment & Natural Resources, Renmin University of China, No.59 Zhongguancun Street, Haidian District, Beijing 100872, China;2. School of Mathematical Sciences, Beijing Normal University, Beijing 100875, China;3. Department of Mathematics, School of Science, Beijing Jiaotong University, No.3 of Shangyuan Residence, Haidian District, Beijing 100044, China;4. School of Mathematics and Statistics, Lan Zhou University, No. 222 of Tianshui South Road, Lanzhou 730000, China;1. University of Udine, Italy;2. IEFE, Bocconi University, Milano, Italy |
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| Abstract: | What municipal recycling rate is socially optimal? One credible answer would consider the recycling rate that minimizes the overall social costs of managing municipal waste. Such social costs are comprised of all budgetary costs and revenues associated with operating municipal waste and recycling programs, all costs to recycling households associated with preparing and storing recyclable materials for collection, all external disposal costs associated with waste disposed at landfills or incinerators, and all external benefits associated with the provision of recycled materials that foster environmentally efficient production processes. This paper discusses how to estimate these four components of social cost to then estimate the optimal recycling rate. |
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| Keywords: | Costs and benefits Household recycling Municipal waste |
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