Aquanomics: Water Markets and the Environment

Aquanomics: Water Markets and the Environment

by Randy Simmons

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Product Details

ISBN-13: 9781351531368
Publisher: Taylor & Francis
Publication date: 07/28/2017
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 456
File size: 5 MB

About the Author

B. Delworth Gardner is research fellow at the Independent Institute, emeritus professor of economics at Brigham Young University, and emeritus professor of agricultural economics at University of California, Davis. His books include Regional Growth and Water Resource Investment, Plowing Ground in Washington: The Political Economy of U.S. Agriculture, and Pricing and Efficient Allocation of Irrigation Water in California.

Randy T. Simmons is the Charles G. Koch Professor of Economics and director of the Institute of Political Economy at Utah State University’s Jon M. Huntsman School of Business, research fellow at the Independent Institute, and mayor of Providence, Utah. Some of his books include The Political Economy of Culture and Norms: Informal Solutions to the Commons Problem and Re-Thinking Green: Alternatives to Environmental Bureaucracy.

Table of Contents

Acknowledgments ix

1 Introduction B. Delworth Gardner Randy T. Simmons 1

2 Markets for Freshwater Ecosystem Services Martin W. Doyle Todd BenDor 17

3 Water Quality Markets: Institutional Design and Performance Jeffrey M. Peterson Craig M. Smith 43

4 Buying Water for the Environment Brandon Scarborough 75

5 Auctions of Water Rights Ray Hartwell Bruce Aylward 107

6 Transactions Costs and Water Markets: The Anticommons Perspective Stephen N. Bretsen Peter J. Hill 143

7 The Evolving Public Trust Doctrine: An Obstacle to Water Marketing James L. Huffman 183

8 Market-like Water Quality Trading: Why It Matters, and How to Make It Happen Leonard Shabman Kurt Stephenson 209

9 The Economic Effects of Using Property Taxes in Lieu of Direct User Fees to Pay for Water B. Delworth Gardner 225

10 The Economics of Dam Decommissioning for Ecosystem Restoration: Making Informed Decisions to Remove Aging U. S. Dams Pearl Q. Zheng Benjamin F. Hobbs Joseph F. Koonce 247

11 The Sacramento-San Joaquin Delta and the Political Economy of California Water Allocation Rachael E. Goodhue Susan Stratton Sayre Leo K. Simon 281

12 Lessons from Los Angeles: Dealing with Diminishing Predictability in Los Angeles Water Sources Brian C. Steed 321

13 Dams, Water Rights, and Market Transfers in California Richard W. Wahl 353

About the Authors 379

Index 387

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