THE ECONOMICS OF CO-PERMITTING

State and federal regulators have been considering making livestock integrators jointly responsible with growers for waste disposal. We show that joint responsibility will generally be efficient when contracts are structured to address problems of grower moral hazard. But joint responsibility for waste disposal will also redistribute income from growers to integrators.


Issue Date:
2004
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19976
Total Pages:
25
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-12-06

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