Routledge handbook of water economics and institutions / edited by Kimberly Burnett ... [and others].

Format:

Book

Contributor:

Burnett, Kimberly M.

Series:

Routledge handbooks

Language:

English

Subjects (All):

Water-supply--Management.

Water-supply.

Water-supply--Management--Case studies.

Water-supply--Economic aspects.

Water-supply--Economic aspects--Case studies.

Water resources development.

Water resources development--Case studies.

Genre:

Electronic books.

Case studies.

Physical Description:

1 online resource.

Other Title:

Handbook of water economics and institutions

Place of Publication:

London ; New York : Routledge, 2015.

System Details:

Mode of access: World Wide Web.

text file

Summary:

"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"-- Provided by publisher.

"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"-- Provided by publisher.

Contents:

pt. 1. Principles and overview

part 2. Private behavior and regulatory design

part 3. Institutions and information

part 4. Water markets and institutions around the world.

Notes:

Includes bibliographical references and index.

ISBN:

9781315851624

Access Restriction:

Restricted for use by site license.