Why Are There So Few Transactions among Water Users?

摘要: Water to supply growing demands from agriculture, households, and industries in the arid West traditionally has been secured through water storage conveyance projects. Economists have warning for years that increasing scarcity costs of unappropriated supplies (e.g., Wollman) together with limited public budgets environmental new projects would shift attention nonstructural approaches, particularly market mechanism, meet emerging needs. Change, however, appears be slow. To some observers, example Anderson, number recorded instances where problems are solved by market-like transactions remains far too limited.