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Siting Environmentally Unwanted Facilities |
Euston Quah, Associate Professor and Head, Division of Economics and Co-Director, Economic Growth Centre, Nanyang Technological University, Singapore and K.C. Tan, Associate Professor, Nanyang Business School, Nanyang Technological University, Singapore
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| 2002 |
192 pp |
Hardback |
978 1 85898 710 1 |
£58.00 |
on-line discount
£52.20 |
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‘An imaginative and insightful assessment of the practical potential for efficiency and fairly resolving the NIMBY scourge of settling the siting of environmentally disruptive plants, dams and the like in local communities. . . . finally, a persuasive argument for using compensation auction mechanisms to help settle the often overwhelming contentious issue of facility siting. . . . a valuable addition to the conflict-resolution literature that addresses local residents’ perception of NIMBY calculations – without which, equitable solutions will never be realised.’
– William A.W. Neilson, University of Victoria, Canada
‘It is a delight to have a book on a very important practical topic by an economist and a statistician who are well accomplished and co-operated with remarkable success before. The proposal of using a combination of compensation auctions and regulatory instruments to tackle the tricky not-in-my-backyard problem makes particular sense.’
– Yew-Kwang Ng, Monash University, Australia
The siting of locally obnoxious but nationally relevant and necessary facilities such as sewage treatment plants, landfills, dams and nuclear power stations is an important issue in public policy planning. In view of the negative externalities such as declining property prices, health threats, and air, water and noise pollution imposed on the local communities that house them, the location of these facilities generates a consensus among the general public aptly termed ‘not-in-my-backyard’ or NIMBY syndrome.
Drawing on the experiences of North America, Europe, Oceania and Asia, this book offers a comprehensive review of existing conflict-resolution instruments used in the siting of these facilities. The authors highlight in particular legal and command instruments such as zoning and compulsory acquisition of land, and economic incentives such as compensation and mitigation.
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Contents: Preface Part I: The Siting Dilemma 1. Introduction 2. Nature of NIMBY Facilities Part II: Existing Solutions and Economic Valuation 3. Conflict Resolution Instruments and General Compensation 4. Environmental Valuation Part III: Alternative Solutions and Auctions 5. Nature and Types of Auctions 6. Review of Compensation Auction Methods Part IV: The Siting Process 7. Some Experiments on Compensation Auction Methods 8. Risk Analysis and Uncertainty 9. Sequential Multi-Stage Criteria for Siting NIMBYs 10. Conclusion Bibliography Index
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