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Marketable pollution permits in the ...

Lee, Jee Hoon.

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Marketable pollution permits in the presence of multilateral market power (Minnesota).

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Marketable pollution permits in the presence of multilateral market power (Minnesota)./
Author:	Lee, Jee Hoon.
Description:	143 p.
Notes:	Adviser: Jay S. Coggins.
Contained By:	Dissertation Abstracts International63-03A.
Subject:	Economics, Agricultural. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3047644
ISBN:	0493617558

Marketable pollution permits in the presence of multilateral market power (Minnesota).
Lee, Jee Hoon.

Marketable pollution permits in the presence of multilateral market power (Minnesota). - 143 p.

Adviser: Jay S. Coggins.

Thesis (Ph.D.)--University of Minnesota, 2002.

My thesis presents an analysis of a Nash bargaining model of pollution permit markets in the presence of multilateral market power. The objective is to show that when all polluters participating in a pollution permit market have market power in the permit market and bargain cooperatively with each other for the distribution of permits, a cost-efficient result will be achieved. This result is true under any allocation rule used in the initial distribution of the pollution permits to the polluters and in spite of the existence of the market power in the pollution permit market. The theoretical analysis is followed by an empirical study in the context of the control of groundwater nitrate pollution caused by commercial fertilizers in and around the City of Clear Lake, Minnesota. This community relies wholly on groundwater for its drinking water needs and the groundwater is vulnerable to contamination from activities at the land surface because of porous soil and the shallow underlying aquifer. The Groundwater Modeling System is used to simulate groundwater flow as well as nitrate transport and accumulation resulting from commercial fertilizer applications in the area. The results of this model are used to trace nitrate pollution at a targeted well back to the farm sources. Then, after estimating abatement cost function for each of the sources, the Nash bargaining solution for a potential nitrate pollution permit market is derived, and it is shown that the nitrate leaching levels of the sources predicted by the Nash bargaining solution are cost-efficient.

ISBN: 0493617558Subjects--Topical Terms:

626648
Economics, Agricultural.

Marketable pollution permits in the presence of multilateral market power (Minnesota).
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100 1 $a Lee, Jee Hoon. $3 1257426
245 1 0 $a Marketable pollution permits in the presence of multilateral market power (Minnesota).
300 $a 143 p.
500 $a Adviser: Jay S. Coggins.
500 $a Source: Dissertation Abstracts International, Volume: 63-03, Section: A, page: 1047.
502 $a Thesis (Ph.D.)--University of Minnesota, 2002.
520 $a My thesis presents an analysis of a Nash bargaining model of pollution permit markets in the presence of multilateral market power. The objective is to show that when all polluters participating in a pollution permit market have market power in the permit market and bargain cooperatively with each other for the distribution of permits, a cost-efficient result will be achieved. This result is true under any allocation rule used in the initial distribution of the pollution permits to the polluters and in spite of the existence of the market power in the pollution permit market. The theoretical analysis is followed by an empirical study in the context of the control of groundwater nitrate pollution caused by commercial fertilizers in and around the City of Clear Lake, Minnesota. This community relies wholly on groundwater for its drinking water needs and the groundwater is vulnerable to contamination from activities at the land surface because of porous soil and the shallow underlying aquifer. The Groundwater Modeling System is used to simulate groundwater flow as well as nitrate transport and accumulation resulting from commercial fertilizer applications in the area. The results of this model are used to trace nitrate pollution at a targeted well back to the farm sources. Then, after estimating abatement cost function for each of the sources, the Nash bargaining solution for a potential nitrate pollution permit market is derived, and it is shown that the nitrate leaching levels of the sources predicted by the Nash bargaining solution are cost-efficient.
590 $a School code: 0130.
650 4 $a Economics, Agricultural. $3 626648
650 4 $a Economics, General. $3 1017424
650 4 $a Environmental Sciences. $3 676987
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710 2 0 $a University of Minnesota. $3 676231
773 0 $t Dissertation Abstracts International $g 63-03A.
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790 1 0 $a Coggins, Jay S., $e advisor
791 $a Ph.D.
792 $a 2002
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3047644