| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
When Should Uncertain Nonpoint Emissions be Penalized in a Trading Program?
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| Autores: |
Hennessy, David A.
Feng, Hongli
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| Data: |
2007-06-27
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| Ano: |
2007
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| Palavras-chave: |
Agricultural pollution
Multiple inputs
Permit trading
Social optimality
Trading ratio
Water quality
Environmental Economics and Policy
Q1
Q2
D2
D8
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| 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.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
26130
http://purl.umn.edu/9805
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| Editor: |
AgEcon Search
|
| Relação: |
American Agricultural Economics Association>2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon
Selected Paper #172182
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| Formato: |
16
application/pdf
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