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  • Luncheon PlenaryThe Price of Pollution - Injecting Ecomomics Into The Debate Dr. Bill Holahan

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    Sweet Water
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    Presentation outlines relationship between costs and benefits of water quality and the mitigation of pollution.

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    Luncheon PlenaryThe Price of Pollution -- Injecting Ecomomics into the Debate Dr. Bill Holahan

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    Presentation outlines relationship between costs and benefits of water quality and the mitigation of pollution.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    18 views8 pages

    Luncheon PlenaryThe Price of Pollution - Injecting Ecomomics Into The Debate Dr. Bill Holahan

    Uploaded by

    Sweet Water
    Presentation outlines relationship between costs and benefits of water quality and the mitigation of pollution.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    ECONOMICS OF WATER QUALITY TRADING

    William L. Holahan Emeritus Professor of Economics University of Wisconsin Milwaukee 9th Annual Clean Rivers, Clean Lake Conference, Harley-Davidson Museum in Milwaukee, Wisconsin. April 25, 2013

    DOLLARS PER PERMIT VALUE OF PERMIT CURVE AKA WTP (willingness to pay) AKA DEMAND CURVE

    FIGURE 1

    A PERMITS

    $/PR CAP AT PR = B WTP

    FIGURE 2

    VB PR

    $/PR CAP AT C WTP CAP AT B

    FIGURE 3

    VC

    VB PR

    FIGURE 4 $/PR WTP1 CAP 1 CAP 2 30 10 PR 200 100 WTP2 PR FIRM 1 $/PR FIRM 2

    FIGURE 5 $/PR WTP1 CAP 1 CAP 2 30 20 FIRM 1 FIRM 2 $/PR

    15 10 PR
    200 210 90 100

    PR WTP2

    FIGURE 6 $/PR WTP1 CAP 1 CAP 2 30 18 PR


    200 215 85 100

    FIRM 1

    FIRM 2 $/PR

    18 10 PR WTP2

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