Thin and lumpy: an experimental investigation of water quality trading

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dc.creatorSuter, Jordan F.
dc.creatorSpraggon, John M.
dc.creatorPoe, Gregory L.
dc.date2017-04-01T19:40:44Z
dc.date.accessioned2026-07-09T05:35:35Z
dc.descriptionWater quality trading schemes in the United States can predominantly be characterized by low trading volumes. In this paper we utilize laboratory economics experiments to explore the extent to which the technology through which pollution abatement is achieved influences market outcomes. Mirroring the majority of water quality trading markets, the sessions utilize small trading groups composed of six participants. To understand the extent to which abatement technology influences trading behavior, the experimental treatments vary the degree of heterogeneity in initial abatement costs and the potential for long-lived investments in cost-reducing abatement technology.
dc.identifierdoi:10.22004/ag.econ.104023
dc.identifierhttps://ageconsearch.umn.edu/record/104023/files/Suter_aaea2011.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/104023
dc.identifier.urihttp://hdl.handle.net/123456789/565770
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/104023
dc.titleThin and lumpy: an experimental investigation of water quality trading
dc.typeText

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