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    Article

    Emission Discharge Permits, Ambient Concentrations, and a Margin of Safety: Trading Solutions with a Computer-Assisted Smart Market for Air Quality

    The process of calculating market-clearing prices for cap and trade policies for air quality remains problematic. The permit trading processes are designed to mimic the cost-minimizing outcome. An additional s...

    Keith Willett, Anetta Caplanova, Rudolf Sivak in Environmental Modeling & Assessment (2015)

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    Article

    Regulation of pesticide discharge into surface and groundwater under uncertainty: A model for environmental risk‐profitability tradeoffs and policy selection

    The presence of contaminants in environmental media as well as the desire to maintain a high level of economic activity has led to an important and difficult decision‐making problem for both public policy deci...

    Keith Willett, Tim Zhang, William F. McTernan… in Environmental Modeling & Assessment (1997)