A Water Quality Trading Simulation for Northeast Kansas
Jeffrey Peterson,
Craig M. Smith and
Luc Valentin
No 19167, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
A simulation model is developed to quantify the effects of information and trading ratios on the performance of a water quality market. An application of this model to a northeast Kansas watershed suggests that performance is improved by information provision and a 1:1 trading ratio between point and nonpoint loadings.
Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 29
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19167
DOI: 10.22004/ag.econ.19167
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