Article ID: | iaor2014255 |
Volume: | 28 |
Issue: | 1 |
Start Page Number: | 279 |
End Page Number: | 285 |
Publication Date: | Jan 2014 |
Journal: | Water Resources Management |
Authors: | Wittmann Nadine |
Keywords: | location, economics |
This note exhibits how the implementation of the Total Loads Standard for issuing tradable water rights along a river basin can cause a significant location‐induced economic disadvantage to some of the agents located along a given river site. Analysis shows, however, that this issue can be resolved by a modification of the original Total Load Standard regarding the handling of so called critical zones in which the desired water quality level is otherwise not upheld.