Simple vs. Complex: Implications of Lags in Pollution Delivery for Efficient Load Allocation and Design of Water-quality Trading Programs

J. Shortle, D. Abler, Z. Kaufman, and K. Y. Zipp

Agricultural and Resource Economics Review (August 2016)

DOI: 10.1017/age.2016.18

Simple vs. Complex: Implications of Lags in Pollution Delivery for Efficient Load Allocation and Design of Water-quality Trading Programs - Volume 45 Issue 2 - James Shortle, David Abler, Zach Kaufman, Katherine Y. Zipp

keywords: Chesapeake Bay; dynamic efficiency in pollution control; environmental markets; nutrient pollution; TMDL; total maximum daily load

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