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Linking asset management to sustainability through risk concepts: the role of externalities


Marlow, D and Pearson, L and Whitten, S and Hatton MacDonald, D, Linking asset management to sustainability through risk concepts: the role of externalities, Water Asset Management International, 6, (3) pp. 21-28. ISSN 1814-5434 (2010) [Professional, Refereed Article]


Environmental policy makers are interested in ways to prevent environmental degradation without significantly limiting economic and social development. Increasingly, market-based instruments are being incorporated into the suite of policy tools to accomplish these aims. However, the lack of information on market-based instruments accessible to non-economists limits understanding of how and when a market-based instrument can be integrated into a traditional policy regime. This paper aims to address the lack of accessible information using a generic screening process for policy instruments demonstrated through application to a non-point source pollution problem in Lake Taupo, New Zealand.

Item Details

Item Type:Professional, Refereed Article
Research Division:Economics
Research Group:Applied economics
Research Field:Environment and resource economics
Objective Division:Environmental Policy, Climate Change and Natural Hazards
Objective Group:Environmental policy, legislation and standards
Objective Field:Environmental protection frameworks (incl. economic incentives)
UTAS Author:Hatton MacDonald, D (Professor Darla Hatton MacDonald)
ID Code:104253
Year Published:2010
Deposited By:Faculty of Business
Deposited On:2015-11-05
Last Modified:2015-11-05

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