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Is Community Involvement Beneficial For Public Policy Efficiency?

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  • Eshel, Dafna M. Disegni
  • Goodhue, Rachael E.

Abstract

Community involvement in public policy might have controversial effects on policy efficiency and equity. In this paper we evaluate the involvement of communities in a tradable permit policy, intendent to protect for environmental quality. We show that by integrating communities into the initial allocation of rights, we can achieve higher environmental quality, increase social welfare and correct for structural market failures.

Suggested Citation

  • Eshel, Dafna M. Disegni & Goodhue, Rachael E., 2002. "Is Community Involvement Beneficial For Public Policy Efficiency?," 2002 Annual meeting, July 28-31, Long Beach, CA 19604, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19604
    DOI: 10.22004/ag.econ.19604
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    References listed on IDEAS

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