Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorChander, Parkash-
dc.contributor.authorMuthukrishnan, S.-
dc.identifier.citationChander, P., & Muthukrishnan, S. (2015). Green consumerism and pollution control. Journal of Economic Behavior & Organization, 114, 27–35.en_US
dc.description.abstractIn this paper, we show that collective action by environmentally aware/green consumers, who derive benefits from consuming environmentally cleaner products, can reduce pollution and improve social welfare in the same manner as pollution taxes or subsidies for reducing pollution can. We construct a model with two competing firms each producing a good of different environmental quality and two types of consumers with high and low preferences for environmental quality and characterize a benchmark equilibrium in which each consumer acts individually and disregards that his decision to buy a good may affect the level of pollution. We then show that, compared to the benchmark equilibrium, collective action by consumers with high preference who take into account the impact of their combined decision to buy a good on pollution will result in an equilibrium with not only lower pollution and higher social welfare, but also higher prices and profits for the firms.en_US
dc.publisherJournal of Economic Behavior & Organizationen_US
dc.subjectEnvironmentally aware/green consumersen_US
dc.subjectEnvironmental qualityen_US
dc.subjectCollective actionen_US
dc.subjectPublic gooden_US
dc.subjectVertically differentiated duopolyen_US
dc.titleGreen consumerism and pollution controlen_US
dc.institutionJindal School of Government and Public Policyen_US
Appears in Collections:JGU Research Publications

Files in This Item:
File Description SizeFormat 
Green consumerism and pollution control.pdfGreen consumerism and pollution control374.3 kBAdobe PDFView/Open    Request a copy

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.