Title:
The Importance of Getting Names Right: The Myth of Markets for Water

dc.contributor.author Dellapenna, Joseph W. en_US
dc.contributor.corporatename Villanova University. School of Law en_US
dc.contributor.editor Hatcher, Kathryn J. en_US
dc.date.accessioned 2012-05-29T15:39:06Z
dc.date.available 2012-05-29T15:39:06Z
dc.date.issued 2001-03
dc.description Proceedings of the 2001 Georgia Water Resources Conference, April 26 and 27, 2001, Athens, Georgia. en_US
dc.description.abstract Markets are much in vogue as ideal institutions for managing water both nationally and internationally. Markets are presented as functioning automatically and nearly painlessly. True markets, however, have seldom existed for water rights and there are good reasons for believing that they seldom will. Water is an ambient resource where the actions of any one user necessarily affect many other users. It is, in fact, no accident that water metaphors have long been used by economists to describe situations where markets fail: "common pool resources"; "spill over effects"; etc. Thus, if true markets are to be relied on to allocated for particular uses and distribute water among users, the transaction costs of organizing contracts with all holders of water rights (let alone those holding less formal claims affected by a sale or lease) generally have been and will be prohibiitive. Water, in short, is the quintessential public good for which markets simply do not work. en_US
dc.description.sponsorship Sponsored and Organized by: U.S. Geological Survey, Georgia Department of Natural Resources, Natural Resources Conservation Service, The University of Georgia, Georgia State University, Georgia Institute of Technology en_US
dc.description.statementofresponsibility This book was published by the Institute of Ecology, The University of Georgia, Athens, Georgia 30602-2202. The views and statements advanced in this publication are solely those of the authors and do not represent official views or policies of The University of Georgia, the U.S. Geological Survey, the Georgia Water Research Institute as authorized by the Water Resources Research Act of 1990 (P.L. 101-397) or the other conference sponsors. en_US
dc.identifier.isbn 0-935835-07-5
dc.identifier.uri http://hdl.handle.net/1853/43445
dc.language.iso en_US en_US
dc.publisher Georgia Institute of Technology en_US
dc.publisher.original Institute of Ecology en_US
dc.relation.ispartofseries GWRI2001. Georgia Water Policy and Legislation en_US
dc.subject Water resources management en_US
dc.subject Water rights en_US
dc.subject Water market en_US
dc.subject Water allocation en_US
dc.subject Water distribution en_US
dc.subject Water preservation en_US
dc.title The Importance of Getting Names Right: The Myth of Markets for Water en_US
dc.type Text
dc.type.genre Proceedings
dspace.entity.type Publication
local.contributor.corporatename Georgia Water Resources Institute
local.contributor.corporatename School of Civil and Environmental Engineering
local.contributor.corporatename College of Engineering
local.relation.ispartofseries Georgia Water Resources Conference
relation.isOrgUnitOfPublication 8873b408-9aff-48cc-ae3c-a3d1daf89a98
relation.isOrgUnitOfPublication 88639fad-d3ae-4867-9e7a-7c9e6d2ecc7c
relation.isOrgUnitOfPublication 7c022d60-21d5-497c-b552-95e489a06569
relation.isSeriesOfPublication e0bfffc9-c85a-4095-b626-c25ee130a2f3
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