Melding Private And Public Interests In Water Rights Markets
The debate over privatizing and water markets has moved back and forth for decades between the "I" and the "We" perspectives. Rather than either/or, a balanced "I&We" view of water institutions is needed. West is meeting east in water law. Public interest needs must be satisfied in appropriate decision forums, but marketing may prove a social improvement when used as a supplement. Balancing an "I&We" institution involves establishing an acceptable or tolerable level of interference through judicious mixing of state, common and private property regimes. Third-party effects are eliminated as mutual gain arises in a variety of decision forums.
Volume (Year): 25 (1993)
Issue (Month): 01 (July)
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- Kiker, Clyde F. & Lynne, Gary D., 1976. "Water Allocation Under Administrative Regulation: Some Economic Considerations," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(02), December.
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- Randall, Alan, 1981. "Property Entitlements And Pricing Policies For A Maturing Water Economy," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 25(03), December.
- Rose, Carol M, 1990. "Energy and Efficiency in the Realignment of Common-Law Water Rights," The Journal of Legal Studies, University of Chicago Press, vol. 19(2), pages 261-96, June.
- Gary D. Lynne & J. S. Shonkwiler & Michael E. Wilson, 1991. "Water Permitting Behavior under the 1972 Florida Water Resources Act," Land Economics, University of Wisconsin Press, vol. 67(3), pages 340-351.
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