Abstract
Depending on temperament, one can see nonpoint pollution policy as either a regulator’s worst nightmare or ultimate playground. There are multiple principals, multiple agents, multiple pollutants, and multiple pathways of exposure. There are also repeated games with and against nature, between principals and agents, between and within governing agencies, and even between agents. Even if one identifies all the potential interdependencies and interactions, a regulator concerned with monitoring and enforcement must still overcome the informational barriers that an n-dimensional, multimedia fate and transport system imposes. The final test is if the regulator can derive coherent policy by integrating the information set provided by a multitude of disciplines. Reforming nonpoint pollution policy will either bury you or keep you happily occupied for the rest of your career.
Department of Economics, Iowa State University, Ames, IA 50011.
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Shogren, J.F. (1993). Reforming Nonpoint Pollution Policy. In: Russell, C.S., Shogren, J.F. (eds) Theory, Modeling and Experience in the Management of Nonpoint-Source Pollution. Natural Resource Management and Policy, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-3156-2_12
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DOI: https://doi.org/10.1007/978-1-4615-3156-2_12
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