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Book Review - Water Resource Economics (MIT Press, Cambridge, 2006, 402 pages (hardback), ISBN 0-262-07267-X)

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  • Robinson, Jackie

    (School of Economics, The University of Queensland (Australia))

Abstract

As developed countries reach a state where decisions regarding the supply and distribution of water resources are made in an environment of a ‘mature water economy’, water managers are increasingly turning towards economics to assist them to plan future supply to meet increasing demand. Griffin approaches the management of water resources from a neoclassical economics perspective. In short, economic efficiency and competitive markets dominate the rationale for resource management. Griffin has produced a textbook comprised of 12 chapters providing a comprehensive overview of water resource allocation issues including allocation efficiency, institutional considerations, policy evaluation using cost-benefit analysis as well as issues pertaining to modelling and management of supply and demand. ... Dr Jackie Robinson

Suggested Citation

  • Robinson, Jackie, 2008. "Book Review - Water Resource Economics (MIT Press, Cambridge, 2006, 402 pages (hardback), ISBN 0-262-07267-X)," Economic Analysis and Policy, Elsevier, vol. 38(1), pages 172-172, March.
  • Handle: RePEc:eee:ecanpo:v:38:y:2008:i:1:p:172-172
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