AN OPTIMAL CONTROL APPROACH TO WATER QUALITY TRADING: COST-EFFECTIVE POINT/NONPOINT MANAGEMENT IN A WATERSHED FRAMEWORK

This study reflects a growing interest in water quality trading involving both point and nonpoint sources in a watershed framework. An empirical spatial-temporal optimal control model is presented and solved to assess the scope and implications of point/nonpoint trading. Results indicate significant economic gains to broader based interpretations of trading rules.

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Year of publication:	2004
Authors:	Zhao, Xiaobing ; Fletcher, Jerald J.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Series:	2004 Annual meeting, August 1-4, Denver, CO.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2004 Annual meeting, August 1-4, Denver, CO Number 20195
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005500404