環境政策の哲学 : なぜ旧制度派経済学は既得権を重視したのか環境政策の哲学 : なぜ旧制度派経済学は既得権を重視したのかAA12162457 A note on new basic principles to evaluate environmental policy: Why has Old Institutional Economics emphasized the importance of vested rights?
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.