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