A simulation model is developed to quantify the effects of information and trading ratios on the performance of a water quality market. An application of this model to a northeast Kansas watershed suggests that performance is improved by information provision and a 1:1 trading ratio between point and nonpoint loadings.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number
19167.
Length: Date of creation: 2005 Date of revision: Handle: RePEc:ags:aaea05:19167
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