Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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Light Pollution: Economic Valuation Methods and a Market Solution

Authors
Jun Su1, *
1School of Economics and Management, Hainan Normal University, Haikou, 571158, China
*Corresponding author. Email: 201901130237@hainnu.edu.cn
Corresponding Author
Jun Su
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_147How to use a DOI?
Keywords
Light pollution; Economic valuation; Market solution; Electricity price
Abstract

Light pollution has not been a significant problem until the 1980s. This paper reviews literature focused on light pollution both from economic and technological perspectives. Prior studies mainly investigated the diverse impacts of light pollution on human health, ecosystem, energy loss and night sky and reasons for light pollution. But the studies focused on economic valuation of light pollution are rare and incomplete. Meanwhile, while legislation aimed at reducing light pollution has been exerted by many countries and areas and planing the lighting system scientifically has been suggested by some scholars, a market solution has not been proposed. This paper proposes methods to quantify economic cost of light pollution and the market solutions to reduce light pollution, including giving property right to the environment and increasing electricity price. The proposed valuation methods will serve as important tools for calculating economic cost of light pollution. The market solution based on the economic cost figured out then will use economic incentives to mitigate light pollution in areas affected by it heavily.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
978-94-6463-052-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_147How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jun Su
PY  - 2022
DA  - 2022/12/27
TI  - Light Pollution: Economic Valuation Methods and a Market Solution
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 1322
EP  - 1329
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_147
DO  - 10.2991/978-94-6463-052-7_147
ID  - Su2022
ER  -