Estimating the value of water in alternative uses

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Many public and private decisions regarding water use, allocation, and management require estimation of water's value in alternative uses. This paper discusses economic concepts essential in valuing water, outlines and compares market and nonmarket based approaches used to estimate water values, and reviews the application of these methodologies fo r valuing water in instream, irrigation, municipal and industrial uses in the western United States.

Original languageEnglish (US)
Title of host publicationEconomics of Water Resources
Subtitle of host publicationInstitutions, Instruments and Policies for Managing Scarcity
PublisherTaylor and Francis
Pages3-19
Number of pages17
ISBN (Electronic)9781351159289
ISBN (Print)9780815388722
StatePublished - Jan 18 2018

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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