publication . Other literature type . Preprint . 2010

Price Endogeneity and Marginal Cost Effects on Incentive Compatible Stormwater Management Policies

Huber, Matthew C.; Willis, David B.; Hayes, John C.; Privette, Charles V.; Huber, Matthew C.; Willis, David B.; Hayes, John C.; Privette, Charles V.;
English
  • Published: 01 Jan 2010
  • Publisher: Unknown
Abstract
Incentive based stormwater management policies offer the prospect of reducing urban stormwater runoff while increasing developer profits. An incentive compatible Stormwater Banking Program (SBP) is presented that allows developers to build at higher residential densities in exchange for including low impact stormwater Best Management Practices (BMPs) in the development’s stormwater management infrastructure. Price endogeneity presents itself when the smaller residential lots created by building at a greater density sell for a lower price than the original, larger lots. Stormwater management authorities must be aware of this and the effects of the program partici...
Subjects
free text keywords: Farm Management,, Farm Management
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publication . Other literature type . Preprint . 2010

Price Endogeneity and Marginal Cost Effects on Incentive Compatible Stormwater Management Policies

Huber, Matthew C.; Willis, David B.; Hayes, John C.; Privette, Charles V.; Huber, Matthew C.; Willis, David B.; Hayes, John C.; Privette, Charles V.;