Kampas, Athanasios; White, Ben - In: Environmental & Resource Economics 27 (2004) 2, pp. 109-133
This paper extends the empiricalanalysis of non-point source pollution to thecase where the pollutant is stochastic andalternative regulatory instruments havedifferent administrative costs. It also appliesa method of stochastic programming whereemissions are log-normally distributed. Forthe...