Smart markets for water resources : a manual for implementation

• Main Authors: Raffensperger, John F., (Author), Milke, Mark W., (Author)
• Format: eBook
• Language: English
• Published: Cham, Switzerland : Springer, 2017.
• Series: Global issues in water policy ; v. 12.
• Subjects: Water resources development.; Water resources development > Government policy.; Water-supply > Management.; elektronické knihy; electronic books
• ISBN: 9783319550084; 9783319550077
• Physical Description: 1 online resource (xxxii, 313 pages) : illustrations (some color)

Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book p...