Larsen, Tobias Holmsgaard; Lundhede, Thomas; Olsen, … - 2021
improvements on water quality there will typically be considerable time lags, and in many cases there is a risk that the measures … measures, our results suggest that attempting to do so will still lead to a net welfare gain to society. Increasing time lags … will not actually lead to the expected improvement. Based on a case study, we show that explicitly accounting for such time …