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학술대회자료

The voting competition implemented recently in Korea for siting a nuclear wastes treatment facility is modeled as a simple two-stages rent-seeking game. We have shown that the region with a lower environmental cost is always chosen as the host in a subgame-perfect equilibrium. However, this system is not likely to be socially efficient because the government in charge is always in deficit and the rent-seeking groups spend a lot of money in vain.

Abstract

1. Introduction

2. An Overview of Korean Experiences with Locating a Nuclear Waste Treatment Facility

3. Model

4. Concluding Remarks

References

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