Gren, Ing-Marie; Elofsson, Katarina - Institutionen för ekonomi, Sveriges Lantbruksuniversitet - 2013
Heavy loads of nutrients, i.e. nitrogen and phosphorus, cause severe damages in many waters in the world. This paper develops a model for nutrient trading markets for a sea damaged by both nitrogen and phosphorus and faces a dominant polluter of one or both nutrients. The existence of abatement...