Calculating the Cost of Environmental Regulation

Decisions concerning environmental protection hinge on estimates of economic burden. Over the past 30 years, economists have developed and applied various tools to measure this burden. In this paper, developed as a chapter for the Handbook of Environmental Economics, we present a taxonomy of costs along with methods for measuring those costs. At the broadest level, we distinguish between partial and general equilibrium costs. Partial equilibrium costs represent the burden directly borne by the regulated entity (firms, households, government), including both pecuniary and nonpecuniary expenses, when prices are held constant. General equilibrium costs reflect the net burden once all good and factor markets have equilibrated. In addition to partial equilibrium costs, these general equilibrium costs include welfare losses or gains in markets with preexisting distortions, welfare losses or gains from rebalancing the government's budget constraint, and welfare gains from the added flexibility of meeting pollution constraints through reductions in the use of higher-priced, pollution-intensive products. In addition to both partial and general equilibrium costs, we also consider the distribution of costs across households, countries, sectors, subnational regions, and generations. Despite improvements in our understanding of cost measurement, we find considerable opportunity for further work and, especially, better application of existing methods.social cost, cost-benefit, cost-effectiveness, environmental regulation

Studies of Effectiveness of Commercial Home Treatment Systems

Eleven home water systems were tested representing six different types of filtering systems. Tests were made for Sulfates, Nitrates, Phosphate, Iron and Escherichia coli and Enterobacter aerogenes before and after passing through a home treatment system. All of the systems removed iron adequately but had little effect on the removal of nitrates, phosphates, sulfates or control of pH. Since none of the ground waters was contaminated by coli- forms, nothing was established regarding the effectiveness of bacterial removal by these systems

High energy scattering

Imperial Users onl

Contributions to unified gauge theories of the basic interactions

Imperial Users onl

Compressive and shear buckling analysis of metal matrix composite sandwich panels under different thermal environments

Combined inplane compressive and shear buckling analysis was conducted on flat rectangular sandwich panels using the Raleigh-Ritz minimum energy method with a consideration of transverse shear effect of the sandwich core. The sandwich panels were fabricated with titanium honeycomb core and laminated metal matrix composite face sheets. The results show that slightly slender (along unidirectional compressive loading axis) rectangular sandwich panels have the most desirable stiffness-to-weight ratios for aerospace structural applications; the degradation of buckling strength of sandwich panels with rising temperature is faster in shear than in compression; and the fiber orientation of the face sheets for optimum combined-load buckling strength of sandwich panels is a strong function of both loading condition and panel aspect ratio. Under the same specific weight and panel aspect ratio, a sandwich panel with metal matrix composite face sheets has much higher buckling strength than one having monolithic face sheets