ACES Seminars

Agricultural and Consumer Economics - Program for Environmental Resource Economics (pERE)

Event Type

Seminar/Symposium

Sponsor

Department of Agricultural and Consumer Economics/pERE

Date

Feb 15, 2021 12:00 - 1:00 pm

Views

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.