文档介绍：本科毕业论文外文翻译
外文题目: On the Second-Best Pplicy of Household’Waste Recycling
出处:Faculty of Foreign Studies, Tokyo University of Foreign Studies
作者: Asahi-cho, Fuchu-shi
原文:
On the Second-Best Policy of Household’s Waste Recycling
Abstract. This study analyzes the second-best household’s waste recycling policy. If we assume the first-best economy with no illegal disposal or transaction costs, then unit pricing, an advance disposal fee and a recycling subsidy are required in order to achieve the social optimum such that both the sum of unit pricing and an advance disposal fee and the sum of unit pricing and a recycling subsidy are equal to the marginal disposal cost. Furthermore, the first-best e can also be obtained by a producer take-back requirement system.
In the real economy, however, various factors prevent the first-best optimal e. In this study we consider two factors, one being the transaction cost associated with a recycling subsidy (or refund) and the other being illegal disposal by the consumer. If a recycling subsidy (or a depositrefund system) is adopted, a transaction cost associated with it will be generated. Alternatively, if unit pricing is adopted, some of the consumed goods may be disposed of show plete trade-off between unit pricing and a recycling subsidy. In other words, we can not adopt unit pricing and a recycling subsidy simultaneously.