| Budget Amount *help |
¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000)
Fiscal Year 2017: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2016: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2015: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
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| Outline of Final Research Achievements |
The water quality trading auction is a program which tries to minimize social abatement costs of water pollutants by trading water quality credits between non-point sources and point sources. In the study, I modeled a situation in which there are heterogeneous delivery coefficients by applying an asymmetric auction model. I also addressed an empirical study using laboratory experiments on the water quality trading auctions in which a single or multiple water quality credits are traded. Although the analysis of experimental data is ongoing, I have built a fundamental framework of experimental study on the research questions.
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