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Incentives Policies to Site Hazardous Waste Facilities

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  • Robin Gregory
  • Howard Kunreuther
  • Doug Easterling
  • Ken Richards

Abstract

This paper addresses the use of mitigation and compensation as incentives policies to stimulate agreement between parties interested in siting a hazardous waste facility and potential host communities. We develop a model of facility siting that distinguishes five key factors which influence the acceptability of a proposed facility when considered in relation to status quo conditions. This model then is used to examine the effectiveness of different incentives policies with regard to (a) mitigating the perceived risks and (b) compensating the adverse impacts of a hazardous waste facility.

Suggested Citation

  • Robin Gregory & Howard Kunreuther & Doug Easterling & Ken Richards, 1991. "Incentives Policies to Site Hazardous Waste Facilities," Risk Analysis, John Wiley & Sons, vol. 11(4), pages 667-675, December.
    • Handle: RePEc:wly:riskan:v:11:y:1991:i:4:p:667-675
    DOI: 10.1111/j.1539-6924.1991.tb00656.x
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    References listed on IDEAS

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    1. Simon, Herbert A, 1978. "Rationality as Process and as Product of Thought," American Economic Review, American Economic Association, vol. 68(2), pages 1-16, May.
    2. Kunreuther, Howard & Easterling, Douglas, 1990. "Are Risk-Benefit Tradeoffs Possible in Siting Hazardous Facilities?," American Economic Review, American Economic Association, vol. 80(2), pages 252-256, May.
    3. Gary H. McClelland & William D. Schulze & Brian Hurd, 1990. "The Effect of Risk Beliefs on Property Values: A Case Study of a Hazardous Waste Site," Risk Analysis, John Wiley & Sons, vol. 10(4), pages 485-497, December.
    4. Samuelson, William & Zeckhauser, Richard, 1988. "Status Quo Bias in Decision Making," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 7-59, March.
    5. Ward Edwards & Detlof von Winterfeldt, 1987. "Public Values in Risk Debates," Risk Analysis, John Wiley & Sons, vol. 7(2), pages 141-158, June.
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    Cited by:

    1. Bader Alshuraiaan & Sergey Pushkin & Anastasia Kurilova & Magdalena Mazur, 2021. "Management of the Energy and Economic Potential of Nuclear Waste Use," Energies, MDPI, vol. 14(12), pages 1-14, June.
    2. Robin Gregory & Robert Mendelsohn, 1993. "Perceived Risk, Dread, and Benefits," Risk Analysis, John Wiley & Sons, vol. 13(3), pages 259-264, June.
    3. Steven J. Kachelmeier & Bernhard E. Reichert & Michael G. Williamson, 2008. "Measuring and Motivating Quantity, Creativity, or Both," Journal of Accounting Research, Wiley Blackwell, vol. 46(2), pages 341-373, May.
    4. Kevin R. Ballard & Richard G. Kuhn, 1996. "Developing and Testing a Facility Location Model for Canadian Nuclear Fuel Waste," Risk Analysis, John Wiley & Sons, vol. 16(6), pages 821-832, December.
    5. Howard Kunreuther & Kevin Fitzgerald & Thomas D. Aarts, 1993. "Siting Noxious Facilities: A Test of the Facility Siting Credo," Risk Analysis, John Wiley & Sons, vol. 13(3), pages 301-318, June.
    6. Contu, Davide & Strazzera, Elisabetta, 2022. "Testing for saliency-led choice behavior in discrete choice modeling: An application in the context of preferences towards nuclear energy in Italy," Journal of choice modelling, Elsevier, vol. 44(C).
    7. Contu, Davide & Strazzera, Elisabetta & Mourato, Susana, 2016. "Modeling individual preferences for energy sources: The case of IV generation nuclear energy in Italy," Ecological Economics, Elsevier, vol. 127(C), pages 37-58.
    8. Lee, You-Kyung, 2020. "Sustainability of nuclear energy in Korea: From the users’ perspective," Energy Policy, Elsevier, vol. 147(C).
    9. Leslie A. Nieves & Jeffery J. Himmelberger & Samuel J. Ratick & Allen L. White, 1992. "Negotiated Compensation for Solid‐Waste Disposal Facility Siting: An Analysis of the Wisconsin Experience," Risk Analysis, John Wiley & Sons, vol. 12(4), pages 505-511, December.
    10. L. Robin Keller & Rakesh K. Sarin, 1995. "Fair Processes for Societal Decisions Involving Distributional Inequalities," Risk Analysis, John Wiley & Sons, vol. 15(1), pages 49-59, February.
    11. Fumihiro Yamane & Hideaki Ohgaki & Kota Asano, 2011. "Nuclear Power‐Related Facilities and Neighboring Land Price: A Case Study on the Mutsu‐Ogawara Region, Japan," Risk Analysis, John Wiley & Sons, vol. 31(12), pages 1969-1994, December.

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