REDUCING REGULATORY UNCERTAINTY IN POLLUTANT TRADING; Proceedings of the 4th Minnesota Padova Conference on Food, Agriculture, and the Environment, September 4-10, 1994, Wayzata, MN
Steven Taff and
No 14438, Working Papers from University of Minnesota, Center for International Food and Agricultural Policy
In this paper, we postulate that uncertainties associated with nonpoint source pollution and with certain features of pollutant trading may tend to outweigh the potential benefits of pollutant trading from the standpoint of regulatory agencies and point source dischargers. After identifying several major sources of such uncertainties, we outline a trading scheme for a typical phosphorus-polluted water body in an agricultural watershed. The scheme limits uncertainty while preserving the efficiency-seeking features of trading to effect water quality improvements.
Keywords: Environmental Economics and Policy (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:ags:umciwp:14438
Access Statistics for this paper
More papers in Working Papers from University of Minnesota, Center for International Food and Agricultural Policy Contact information at EDIRC.
Series data maintained by AgEcon Search ().