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AN ALTERNATIVE TO WATER POLLUTION CONTROLS 1
Author(s) -
Chadderton Ronald A.
Publication year - 1988
Publication title -
jawra journal of the american water resources association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.957
H-Index - 105
eISSN - 1752-1688
pISSN - 1093-474X
DOI - 10.1111/j.1752-1688.1988.tb00894.x
Subject(s) - pollution , recreation , property rights , water quality , water pollution , natural resource economics , business , environmental planning , control (management) , environmental economics , united states regulation of point source water pollution , property (philosophy) , water resource management , environmental science , environmental resource management , environmental protection , nonpoint source pollution , economics , microeconomics , political science , law , ecology , philosophy , chemistry , management , epistemology , environmental chemistry , biology
A hypothetical, although realistic, water pollution problem was studied from a property rights viewpoint. Theoretical and economic justifications were developed. A fully‐liable, private owner was found to be financially profitable while improving the water quality and providing recreational potential. The example confirmed that property rights provides an answer to stream pollution problems, but contradicted the view that water pollution control must be justified by recreational benefits.