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Command-And-Control Or Effluent Allowance Markets: Roles Of Economic Analysis

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Author Info
Speir, Cameron
Stephenson, Kurt
Shabman, Leonard
Abstract

Economists and economic analysis can play different roles in the development of water quality management programs. Economists may develop cost analysis for improving regulatory program implementation or design institutional arrangements for market-like program. We argue that cost analysis may be incompatible with effective advocacy for market-like systems.

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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2000 Annual meeting, July 30-August 2, Tampa, FL with number 21869.

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Date of creation: 2000
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Handle: RePEc:ags:aaea00:21869

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Related research
Keywords: Resource /Energy Economics and Policy;

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  1. Atkinson, Scott & Tietenberg, Tom, 1991. "Market failure in incentive-based regulation: The case of emissions trading," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 17-31, July. [Downloadable!] (restricted)
  2. Rubin Jonathan & Kling Catherine, 1993. "An Emission Saved Is an Emission Earned: An Empirical Study of Emission Banking for Light-Duty Vehicle Manufacturers," Journal of Environmental Economics and Management, Elsevier, vol. 25(3), pages 257-274, November. [Downloadable!] (restricted)
  3. Fred L. Smith, 1995. "Markets And The Environment: A Critical Reappraisal," Contemporary Economic Policy, Western Economic Association International, vol. 13(1), pages 62-73, 01. [Downloadable!] (restricted)
  4. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March. [Downloadable!] (restricted)
  5. Boyd, James, 2000. "The New Face of the Clean Water Act: A Critical Review of the EPA's Proposed TMDL Rules," Discussion Papers dp-00-12, Resources For the Future. [Downloadable!]
  6. Foster, Vivien & Hahn, Robert W, 1995. "Designing More Efficient Markets: Lessons from Los Angeles Smog Control," Journal of Law & Economics, University of Chicago Press, vol. 38(1), pages 19-48, April.
  7. Catherine L. Kling, 1994. "Emission Trading vs. Rigid Regulations in the Control of Vehicle Emissions," Land Economics, University of Wisconsin Press, vol. 70(2), pages 174-188. [Downloadable!] (restricted)
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  8. Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Jaffe Adam B. & Stavins Robert N., 1995. "Dynamic Incentives of Environmental Regulations: The Effects of Alternative Policy Instruments on Technology Diffusion," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages S43-S63, November. [Downloadable!] (restricted)
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