The value of incorporating bioindicators in economic approaches to water pollution control

@inproceedings{Keeler1996TheVO,
  title={The value of incorporating bioindicators in economic approaches to water pollution control},
  author={Andrew G. Keeler and Donna L. McLemore},
  year={1996}
}
Abstract Bioindicators provide better information about environmental quality than chemical and physical measures alone. This paper addresses how this information can improve the efficiency of water pollution control policy. We model bioindicators as a means of resolving uncertainty about the relationship of human activities and environmental effects. Two economic policy models are developed to formalize efficiency gains that result from biological information. We find that resolving… CONTINUE READING