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When should uncertain nonpoint emissions be penalized in a trading program?

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When Should Uncertain Non-point Emissions Be Penalized in a Trading Program?

Hennessy, David A.; Feng, Hongli - 2010

When non-point source pollution is stochastic and the damage function is convex, intuition might suggest it is more important to control a non-point pollution source than a point source. Earlier research has provided sufficient conditions such that the permit price for a unit of ex-ante expected...

Persistent link: https://www.econbiz.de/10014220713