The Old Lady Visits Your Backyard: A Tale of Morals and Markets.

S-Tier
Journal: Journal of Political Economy
Year: 1996
Volume: 104
Issue: 6
Pages: 1297-1313

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Local opposition to many projects makes it increasingly difficult to find sites for socially desirable facilities. As has been widely documented, compensation for local disamenities does not increase the level of support. An empirical analysis of the Swiss search for a nuclear waste repository even reveals decreased acceptance due to the rejection of bribes and the crowding-out of public spirit. However, a 'compensation cycle' may be exploited to finally win the support of host communities. As siting issues are decided in the realm of politics, an economic theory of compensation must focus on the interplay between morals and markets. Copyright 1996 by University of Chicago Press.

Technical Details

RePEc Handle
repec:ucp:jpolec:v:104:y:1996:i:6:p:1297-1313
Journal Field
General
Author Count
3
Added to Database
2026-01-25