کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5049673 | 1476377 | 2014 | 7 صفحه PDF | دانلود رایگان |
- Policy analysis cannot ignore how costs and benefits are distributed.
- Distributions should allow for diverging capabilities to benefit.
- Open access limits reliance on consumer sovereignty in policymaking.
- Realization-focused co-production by stakeholders improves results.
This paper shows how anticipated impacts of environmental projects and policies can be valued in terms of money as a common denominator, and costs and benefits assigned in an acceptable distribution. To that effect, a new mechanism design of situational contracting is introduced that generates information on willingness and ability to pay or to cooperate, in a realization-focused capability approach to fairness. The situational contract reveals preferences and merit considerations of the relevant stakeholders and deals with market failure in a structured combination of political guidance, expert opinions and co-production.
Journal: Ecological Economics - Volume 102, June 2014, Pages 8-14