EconPapers    
Economics at your fingertips  
 

Nutrient Pollution: A Wicked Challenge for Economic Instruments

James Shortle () and Richard Horan
Additional contact information
James Shortle: Environment and Natural Resources Institute, College of Agricultural Sciences, Penn State University, USA

Water Economics and Policy (WEP), 2017, vol. 03, issue 02, 1-39

Abstract: Nutrient pollution is one of the most important problems facing aquatic systems globally. The problem qualifies as a wicked one, involving multiple pollutants from multiple sources interacting in complex ways over space and time along multiple pathways, with uncertainty present at each stage of the process—from pollutant generation to the final ecological and economic impacts. We draw on a diverse interdisciplinary literature to identify challenges for implementing efficient solutions using economic instruments, but also describe why economic research and concern for economic efficiency are of crucial importance to the selection of instruments to address the problem, and propose a general equilibrium economic geography paradigm for research on instrument design and choice.

Keywords: Multiple interacting pollutants; spatial externalities; stock externalities; lagged discharges; lagged ecosystem responses; stochastic pollution; deep uncertainty; socioeconomic-ecological landscapes; unintended consequences (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S2382624X16500338
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wepxxx:v:03:y:2017:i:02:n:s2382624x16500338

Ordering information: This journal article can be ordered from

DOI: 10.1142/S2382624X16500338

Access Statistics for this article

Water Economics and Policy (WEP) is currently edited by Ariel Dinar

More articles in Water Economics and Policy (WEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2019-09-20
Handle: RePEc:wsi:wepxxx:v:03:y:2017:i:02:n:s2382624x16500338