The Case for Water Markets as the Best Means for Effective Water Allocation
by Ronald G. Cummings,R. Peter Terrebonne,
Document Type: Proceeding Paper
Part of: North American Water and Environment Congress & Destructive Water
Abstract:
Water markets have a potential for providing flexible and efficient mechanisms for allocating water among alternative uses. In order for markets to emerge It is necessary for private rights be defined and enforced. But establishing appropriate water rights is complicated by several practical realities.
Subject Headings: Water conservation | Water rights | Business management | Water policy | Water management | Owners | Negotiation
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