Registro completo |
Provedor de dados: |
31
|
País: |
United States
|
Título: |
When Should Uncertain Nonpoint Emissions be Penalized in a Trading Program?
|
Autores: |
Hennessy, David A.
Feng, Hongli
|
Data: |
2007-06-27
|
Ano: |
2007
|
Palavras-chave: |
Agricultural pollution
Multiple inputs
Permit trading
Social optimality
Trading ratio
Water quality
Environmental Economics and Policy
Q1
Q2
D2
D8
|
Resumo: |
When nonpoint source pollution is stochastic and the damage function is convex, intuition might suggest it is more important to control a nonpoint pollution source than a point source. Earlier research has provided sufficient conditions such that the permit price for a unit of ex-ante expected emissions should be higher than the permit price for a unit of certain emissions. Herein we provide a set of necessary and sufficient conditions such that this is the case. An approach to testing for the validity of the condition set is available, and has been applied to a related problem.
|
Tipo: |
Conference Paper or Presentation
|
Idioma: |
Inglês
|
Identificador: |
26130
http://purl.umn.edu/9805
|
Editor: |
AgEcon Search
|
Relação: |
American Agricultural Economics Association>2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon
Selected Paper #172182
|
Formato: |
16
application/pdf
|