Abstract

This paper describes formation of recycling markets by economic erperimenfs with human subjects. A recycling system is not comprised only of its technology because direct and indirect effects of new technology depend on the economic system in which itfinctiom. This shrdy spec$cally addresses economic activity on product recycling We elucidaie it with economic erperimenfs. Then we compare ow erperimental output with theoretical equilibrium by the recycling market model, which assumes that the producer, the waste dealer. and dismantlers collect wastes. Comequently, we show that qerimental mlts do not always support equilibrium. The results imply that social werare can besteadily maintained to a high degree iftheproducer collects wastes.

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