This paper attempts to establish basic principles to evaluate environmental policy, based on Old Institutional Economics. Old Institutional Economists, such as Thorstein B. Veblen, John R. Commons, and Ezra J. Mishan, have emphasized the importance of vested rights, and analyzed how vested rights affect the establishment or change of public policy. Because vested rights are formally protected by the government, they have more political power and can regulate other actors. In fact, an actual environmental policy is more or less regulated by vested rights and past policy failures. Thus, we need to establish new basic principles of environmental policy, in order to evaluate how vested rights have an impact on the establishment or change of environmental policy.

（特集：日本における環境経済学の到達点と課題 = Achievements and Challenges of Environmental Economics in Japan）

一橋大学大学院経済学研究科

2017-07-31

Japanese(jpn)

departmental bulletin paper

VoR

10.15057/28712

AA12162457

一橋経済学

11

1

15

23

11巻1号 (2017.7)

https://hdl.handle.net/10086/28712