📖[PDF] Routledge Handbook of Water Economics and Institutions by Kimberly Burnett | Perlego
Get access to over 750,000 titles
Start your free trial today and explore our endless library.
Join perlego now to get access to over 750,000 books
Join perlego now to get access to over 750,000 books
Join perlego now to get access to over 750,000 books
Join perlego now to get access to over 750,000 books
Routledge Handbook of Water Economics and Institutions
Routledge Handbook of Water Economics and Institutions
📖 Book - PDF

Routledge Handbook of Water Economics and Institutions

Kimberly Burnett, Richard Howitt, James A. Roumasset, Christopher A. Wada
shareBook
Share book
pages
410 pages
language
English
format
ePUB (mobile friendly) and PDF
availableOnMobile
Available on iOS & Android
📖 Book - PDF

Routledge Handbook of Water Economics and Institutions

Kimberly Burnett, Richard Howitt, James A. Roumasset, Christopher A. Wada
Book details
Table of contents
Citations

About This Book

Growing scarcity of freshwater worldwide brings to light the need for sound water resource modeling and policy analysis. While a solid foundation has been established for many specific water management problems, combining those methods and principles in a unified framework remains an ongoing challenge. This Handbook aims to expand the scope of efficient water use to include allocation of sources and quantities across uses and time, as well as integrating demand-management with supply-side substitutes.

Socially efficient water use does not generally coincide with private decisions in the real world, however. Examples of mechanisms designed to incentivize efficient behavior are drawn from agricultural water use, municipal water regulation, and externalities linked to water resources. Water management is further complicated when information is costly and/or imperfect. Standard optimization frameworks are extended to allow for coordination costs, games and cooperation, and risk allocation. When operating efficiently, water markets are often viewed as a desirable means of allocation because a market price incentivizes users to move resources from low to high value activities. However, early attempts at water trading have run into many obstacles. Case studies from the United States, Australia, Europe, and Canada highlight the successes and remaining challenges of establishing efficient water markets.

Read More

Information

Publisher
Taylor and Francis
Year
2014
ISBN
9781317916246
Topic
Economics
Subtopic
Environmental Economics
Edition
1

Table of contents