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A Stochastic Methodology For Estimating The Value Of Wetlands In Controlling Agricultural Nonpoint Pollution

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  • Park, M. William
  • Batie, Sandra S.

Abstract

Wetlands appear to buffer the effect of nonpoint runoff, smoothing out the time pattern of pollutant loading to receiving waters. Chanceconstrained programming provides an appropriate stochastic methodology for valuing this function, where high rates of pollutant loading in short periods of time pose a significant water quality problem.

Suggested Citation

  • Park, M. William & Batie, Sandra S., 1979. "A Stochastic Methodology For Estimating The Value Of Wetlands In Controlling Agricultural Nonpoint Pollution," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278226, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea79:278226
    DOI: 10.22004/ag.econ.278226
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    References listed on IDEAS

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    1. Joyce T. Chen, 1973. "Quadratic Programming for Least-Cost Feed Formulations under Probabilistic Protein Constraints," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 55(2), pages 175-183.
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    Keywords

    Environmental Economics and Policy;

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