River of gold : Designing markets to Allocate water in California

The movement to implement market-based approaches to allocating water is gaining ground across California and in other western states. Proponents argue that markets offer an efficient and cost-effective means of promoting conservation-those who need water would pay for it on the open market, while o...

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Detalles Bibliográficos
Autor principal: Haddad, Brent M.
Formato: Libro
Lenguaje:Undetermined
Publicado: Washington, D.C. Island Press 2000
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Sumario:The movement to implement market-based approaches to allocating water is gaining ground across California and in other western states. Proponents argue that markets offer an efficient and cost-effective means of promoting conservation-those who need water would pay for it on the open market, while others would conserve rather than pay increased prices. Rivers of Gold takes a new look at California's water-reallocation challenge. The author explains the concept of water markets and the economic theory undergirding them. He shows how some water markets have worked-and others have failed-and gives the reader the analytic tools necessary to understand why.