Watershed Nutrient Trading Under Asymmetric Information
نویسندگان
چکیده
منابع مشابه
Watershed Nutrient Trading Under Asymmetric Information
This study evaluates firstand second-best trading policies for regulating watershed phosphorus under asymmetric information. The trading policies are differentiated on the degree to which regulators observe point and nonpoint source abatement efforts. The efficiency losses attributable to these informational asymmetries and those of the second-best policies can be measured in social welfare, an...
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ژورنال
عنوان ژورنال: Agricultural and Resource Economics Review
سال: 2002
ISSN: 1068-2805,2372-2614
DOI: 10.1017/s1068280500004020