DESIGNING NONPOINT SOURCE POLLUTION POLICIES WITH LIMITED INFORMATION ABOUT BOTH RISK ATTITUDES AND PRODUCTION TECHNOLOGY

A pollution reduction program is designed where information about both technology and risk preferences is asymmetric. Program costs and the distribution of payments depend on the amount of information known to the policy maker. Empirically testable conditions for self-selection are derived; the method is applied to reducing nitrate contamination.

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Year of publication:	2001
Authors:	Peterson, Jeffrey M. ; Boisvert, Richard N.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Environmental Economics and Policy

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Extent:	application/pdf
Series:	2001 Annual meeting, August 5-8, Chicago, IL.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2001 Annual meeting, August 5-8, Chicago, IL Number 20720
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005807702