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

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  • Speir, Cameron
  • Stephenson, Kurt
  • Shabman, Leonard A.

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.

Suggested Citation

  • Speir, Cameron & Stephenson, Kurt & Shabman, Leonard A., 2000. "Command-And-Control Or Effluent Allowance Markets: Roles Of Economic Analysis," 2000 Annual meeting, July 30-August 2, Tampa, FL 21869, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea00:21869
    DOI: 10.22004/ag.econ.21869
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    References listed on IDEAS

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    Cited by:

    1. Stephenson, Kurt & Aultman, Stephen & Shabman, Leonard A., 2006. "An Evaluation of the Virginia Nutrient Credit Trading Program," 2006 Annual meeting, July 23-26, Long Beach, CA 21071, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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