DESIGNING NONPOINT SOURCE POLLUTION POLICIES WITH LIMITED INFORMATION ABOUT BOTH RISK ATTITUDES AND PRODUCTION TECHNOLOGY

A pollution reduction program is designed where information about both technology and risk preferences is asymmetric. Program costs and the distribution of payments depend on the amount of information known to the policy maker. Empirically testable conditions for self-selection are derived; the method is applied to reducing nitrate contamination.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20720
Total Pages:
32
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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