pERE Weekly Seminar
Research Presentation
Friday, February 15, 2021
12:00-1:00 p.m. CST
Join Zoom Meeting
https://illinois.zoom.us/j/92851117722?pwd=aEl6RjlQaGxod2k2R3kzWmxCYXpQUT09
Meeting ID: 928 5111 7722
Password: pere
Shan He
(UIUC, Economics)
"Correcting Market Failures with a 'Durability Gap'"
(Co-authored with Don Fullerton)
ABSTRACT: To reduce pollution from exraction, production, and disposal, advocates of Circular Economy recommend durable products with longer lives that also can be recycled and reused. Our economic analysis finds conditions where consumers choose products with livs too short - a "durability gap" - where welfare can be improved by policies targeting durability.
