Impact of Tradable Discharge Permit (TDP) Programs on the Reliability of a River

Tze Ling Ng*, J. Wayland Eheart

*Corresponding author for this work

Research output: Chapter in Book/Conference Proceeding/ReportConference Paper published in a bookpeer-review

Abstract

The potential impacts of tradable discharge permit (TDP) programs on the environment they are intended to protect are discussed. Major concerns include the possibility of market failure, modeling difficulties and political counter-objectives. Many of these studies assumed deterministic environmental models when in reality nothing is ever constant. The mean-value-first-order-second-moment (MFOSM) method was used. It was found that, for the particular case of the Willamette River, trading improves the system reliability.

Original languageEnglish
Title of host publicationWorld Water and Environmental Resources Congress
EditorsP. Bizier, P. DeBarry
Pages1069-1078
Number of pages10
Publication statusPublished - 2003
Externally publishedYes
EventWorld Water and Environmental Resources Congress 2003 - Philadelphia, PA, United States
Duration: 23 Jun 200326 Jun 2003

Publication series

NameWorld Water and Environmental Resources Congress

Conference

ConferenceWorld Water and Environmental Resources Congress 2003
Country/TerritoryUnited States
CityPhiladelphia, PA
Period23/06/0326/06/03

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