John F Raffensperger: 1 book

Book cover of Smart Markets for Water Resources

Smart Markets for Water Resources

A Manual for Implementation

by Mark W. Milke, John F. Raffensperger
Language: English
Release Date: April 20, 2017

Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book...
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