| Description |
1 online resource (264 pages) |
| Contents |
Cover; Half Title; Title Page; Copyright Page; Table of Contents; Acknowledgements; Most frequently used acronyms; 1 Scarcity, droughts, and the gap to be filled by water markets; 1.1 Introduction: a toolkit for governing scarcity; 1.2 Water scarcity, an all-too-common problem; 1.3 Potential solutions to water scarcity; 1.3.1 Supply side strategies; 1.3.2 Demand side strategies; 1.3.3 Decentralized solution: markets; 1.4 Water governance models; 1.5 Centralized administrative systems; 1.6 Water markets; 1.6.1 Definition; 1.6.2 Typology |
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1.7 Critiques of centralized administrative systems and advantages of water markets1.7.1 Markets as information aggregators: pricing water at its real value; 1.7.2 Markets as innovation spurs; 1.7.3 Markets as uncertainty management tools; 1.7.4 Markets as a shield from politically-driven decisions; 2 Market failures and governmental roles; 2.1 Introduction; 2.2 The case for water markets: a literature review; 2.2.1 A normative debate; 2.2.2 Policy-oriented literature; 2.3 Governmental roles: market failures; 2.4 Definition of property rights; 2.4.1 Property rights as public goods |
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2.4.2 Variables in the property rights definition2.4.3 Instream flow protection; 2.5 Enforcement of property rights or externalities; 2.5.1 Definition; 2.5.2 Different mechanisms to ensure that the effects on third parties or the environment resulting from a transaction are internalized; 2.5.3 Externalities on communities: a contested concept and a political necessity; 2.6 Infrastructure; 2.6.1 Provision; 2.6.2 Management of water infrastructure: third party access; 2.7 Market maker; 2.7.1 Information and recording; 2.7.2 Match-making; 2.7.3 Fungibility; 2.7.4 Guaranty |
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3 Roadmap to the case studies3.1 Introduction; 3.2 The master and the purported disciple: California and Spain; 3.3 Dependent variable: market success and market activity; 3.3.1 Data sources; 3.3.2 Proxies for the dependent variable; 3.4 Timeline; 3.5 Explanatory variables; 3.5.1 General analysis; 3.5.2 Scarcity; 3.5.3 Governmental roles: operationalizing the variables; 3.5.4 A note on interest group pressure as a precursor of governmental action; 4 California's water markets; 4.1 Introduction; 4.2 Overview of water management and water rights in California; 4.2.1 Types of water rights |
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4.2.2 California's allocation of power over water management4.3 Overview of the evolution of water market regulations; 4.4 Market activity from 1991 to 2000; 4.5 Governmental roles; 4.5.1 The uncontested governmental role in water markets: definition of property rights; 4.5.2 Externalities; 4.5.3 Infrastructure: provision and management; 4.5.4 Market maker; 4.6 Conclusions; 4.6.1 Definition of property rights; 4.6.2 Externalities; 4.6.3 Infrastructure; 4.6.4 Market maker; 5 Spain's water markets; 5.1 Introduction; 5.2 Spain's allocation of power over water management |
| Notes |
5.3 Water rights in Spain: administrative concessions |
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Print version record |
| Subject |
Water-supply -- Law and legislation -- California
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Water-supply -- Law and legislation -- Spain
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Water-supply -- Law and legislation
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California
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Spain
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| Form |
Electronic book
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| ISBN |
9781317222705 |
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1317222709 |
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