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Retrospective Theses and Dissertations

Environmental Sciences

1993

Economics

Articles 1 - 2 of 2

Full-Text Articles in Life Sciences

Environmental Pollution Control Under Alternative Incentive Structures , Ramu Govindasamy Jan 1993

Environmental Pollution Control Under Alternative Incentive Structures , Ramu Govindasamy

Retrospective Theses and Dissertations

The present study examines environmental pollution control under alternative incentive structures with an emphasis on the effectiveness and practicality of alternative policy tools. The focus is on three instruments for controlling pollution: (1) Environmental Bonds; (2) Budget Balancing Incentive Mechanisms; and (3) Environmental Rank Order Tournaments;Environmental bonds typically require more information for implementation than either budget balancing incentive mechanisms or rank order tournaments. However, there is a trade-off between the cost savings from acquiring information and the potential costs from committing an error in assigning pollution control responsibility;Paper I examines the limits to environmental bonds. It identifies three ...


Tradeoffs In Balancing Multiple Objectives Of An Integrated Agricultural Economic And Environmental System , P. G. Lakshminarayan Jan 1993

Tradeoffs In Balancing Multiple Objectives Of An Integrated Agricultural Economic And Environmental System , P. G. Lakshminarayan

Retrospective Theses and Dissertations

This research, which integrates the economic and environmental processes in a multiobjective framework to find comprehensive solution, is a departure from the traditional approach. The problem is motivated by multiattribute utility and social welfare theory, and the conditions for optimality are derived. Since agricultural nonpoint source pollution (NPS) pollution is a nonmarket externality, a motivation based on public policy and social costs is provided to include environmental quality decisions. A conceptual framework for integrating the multidisciplinary models is presented. The environmental data needs of the integrated system was obtained from spatially simulated predictions of the biogeophysical process model, a mathematical ...