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- W1484221567 abstract "This paper presents an incentive scheme to control agricultural non-point-source pollution. The analysis is based on a nested agent framework with three parties; farmers, a country's government, and the governments of all countries that affect each other's environmental quality. Unlike previous analysis of incentive schemes to control agricultural pollution, we suggest non-individual contracts between farmers and a regulating authority as a solution to the domestic pollution problem. Our incentive scheme proposes collective penalties as a way to control pollution. To solve the international problem of pollution management of a common (water) resource, we propose an international agency with authority to write and enforce contracts in each of its member countries. We show that the information requirement on a country's government can be substantially reduced if contracts can be made non-individual." @default.
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- W1484221567 date "1996-03-01" @default.
- W1484221567 modified "2023-09-27" @default.
- W1484221567 title "ABSTRACT OF CONTRACTING FOR NON-POINT-SOURCE POLLUTION ABATEMENT" @default.
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