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Dynamics of Waste Accumulation: Disposal versus Recycling

Vernon L. Smith

The Quarterly Journal of Economics · 1972 · Volume 86 · Issue 4

DOI: 10.2307/1882044

Abstract

Introduction, 600. — A model of waste reuse, 601. — Prices in the control model, 605. — Conditions for complete and zero recycling, 607. — Pollution under free competition, 608. — Effects of population, 611. — Interpretation as a waste reduction model, 612. — Material production from natural resources, 612. — Summary and discussion of policy, 614.

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