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dc.contributor.authorDellapenna, Joseph W.en_US
dc.contributor.editorHatcher, Kathryn J.en_US
dc.date.accessioned2012-05-29T15:39:06Z
dc.date.available2012-05-29T15:39:06Z
dc.date.issued2001-03
dc.identifier.isbn0-935835-07-5
dc.identifier.urihttp://hdl.handle.net/1853/43445
dc.descriptionProceedings of the 2001 Georgia Water Resources Conference, April 26 and 27, 2001, Athens, Georgia.en_US
dc.description.abstractMarkets 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.sponsorshipSponsored 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 Technologyen_US
dc.description.statementofresponsibilityThis 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.language.isoen_USen_US
dc.publisherGeorgia Institute of Technologyen_US
dc.relation.ispartofseriesGWRI2001. Georgia Water Policy and Legislationen_US
dc.subjectWater resources managementen_US
dc.subjectWater rightsen_US
dc.subjectWater marketen_US
dc.subjectWater allocationen_US
dc.subjectWater distributionen_US
dc.subjectWater preservationen_US
dc.titleThe Importance of Getting Names Right: The Myth of Markets for Wateren_US
dc.typeProceedingsen_US
dc.contributor.corporatenameVillanova University. School of Lawen_US
dc.publisher.originalInstitute of Ecologyen_US


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