Environmental degradation and the limits to LOV. / Chen, Yu-Fu; Molana, Hassan; Montagna, Catia.
University of Dundee, 2010. (Dundee Discussion Papers in Economics; 234).Research output: Working paper › Discussion paper
}
TY - UNPB
T1 - Environmental degradation and the limits to LOV
A1 - Chen,Yu-Fu
A1 - Molana,Hassan
A1 - Montagna,Catia
AU - Chen,Yu-Fu
AU - Molana,Hassan
AU - Montagna,Catia
PB - University of Dundee
PY - 2010
Y1 - 2010
N2 - We show how consumers’ environmental concerns may limit ‘love of variety’ (LOV) and be reflected in consumers decisions. We investigate how the impact of environmental degradation on LOV influences demand and optimal product variety, and how a pollution tax on firms might be used to improve upon the market outcome and increase welfare.
AB - We show how consumers’ environmental concerns may limit ‘love of variety’ (LOV) and be reflected in consumers decisions. We investigate how the impact of environmental degradation on LOV influences demand and optimal product variety, and how a pollution tax on firms might be used to improve upon the market outcome and increase welfare.
KW - Environmental degradation
KW - Love-of-variety
KW - Environmental policy
M1 - Discussion paper
BT - Environmental degradation and the limits to LOV
T3 - Dundee Discussion Papers in Economics
T3 - en_GB
ER -