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Economic Time Series Modeling to Determine the Feasibility of Incorporating Drinking Water Treatment in Water Quality Trading
Citation:
Nietch, C., Matt Heberling, AND H. Thurston. Economic Time Series Modeling to Determine the Feasibility of Incorporating Drinking Water Treatment in Water Quality Trading. Presented at American Water Works Association: Sustainable Water Management Conference, Nashville, TN, April 07 - 10, 2013.
Impact/Purpose:
Presentation on on-going research to bring water quality trading as a feasible market mechansism for promoting watershed integrity
Description:
The critical steps required to evaluating the feasiblity of establishing a water quality trading market in a testbed watershed is described. Focus is given toward describing the problem of thin markets as a specifi barrier to successful trading. Economic theory for considering an external actor and required analyses are presented to help overcome this problem.