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Designing Nonpoint Source Pollution Policies With Limited Information About Both Risk Attitudes And Production Technology

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  • Peterson, Jeffrey M.
  • Boisvert, Richard N.

Abstract

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.

Suggested Citation

  • Peterson, Jeffrey M. & Boisvert, Richard N., 2001. "Designing Nonpoint Source Pollution Policies With Limited Information About Both Risk Attitudes And Production Technology," 2001 Annual meeting, August 5-8, Chicago, IL 20720, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20720
    DOI: 10.22004/ag.econ.20720
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    References listed on IDEAS

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    Cited by:

    1. Patterson, Jeffrey M. & Boisvert, Richard N., 2002. "An Incentive Compatible Self-Compliant Pollution Policy and Asymmetric Information on Both Risk Attitudes and Technology," Working Papers 127318, Cornell University, Department of Applied Economics and Management.
    2. Matthews, Nicolette & Grove, Bennie, 2015. "Economic-Environmental Trade-offs and the Conservativeness of the Upper Partial Moment," 2015 Conference, August 9-14, 2015, Milan, Italy 212450, International Association of Agricultural Economists.

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