Assessing societal costs associated with environmental impacts

A study of “harmless” odors was utilized as a platform for determining the cost impact of envi‐ronmental effects resulting from management decisions. The cost to society of “harmless” odors eventually leads to internal costs for companies emitting the odors. It is easier to determine societal costs...

Full description

Saved in:
Bibliographic Details
Published in:Environmental Quality Management 2000, Vol.10 (2), p.67-82
Main Authors: Beloff, Beth R., Beaver, Earl R., Massin, Heidi
Format: Article
Language:English
Subjects:
Capital budgeting
Capital costs
Cost assessments
Costs
Environmental effects
Environmental impact
Environmental quality
Eutrophication
Management decisions
Odors
Pollution control
Prevention
Quality management
Studies
Trade restrictions
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:A study of “harmless” odors was utilized as a platform for determining the cost impact of envi‐ronmental effects resulting from management decisions. The cost to society of “harmless” odors eventually leads to internal costs for companies emitting the odors. It is easier to determine societal costs for “harmless” odors than to estimate the internal costs that eventually accrue to a company. However, larger societal costs will lead to larger company costs; larger societal costs prob‐ably also lead to faster company internalization of costs.c 2000 John Wiley & Sons, Inc.
ISSN:1088-1913
1520-6483
DOI:10.1002/1520-6483(200024)10:2<67::AID-TQEM8>3.0.CO;2-B