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Water Resource Economics and Policy: An Introduction

By: W Douglass Shaw

Edward Elgar

Paperback | Nov 2006 | #163760 | ISBN: 184720225X
Availability: Usually dispatched within 6 days Details
NHBS Price: £35.00 $44/€42 approx
Hardback | Dec 2005 | #163792 | ISBN: 1843769174
Availability: Usually dispatched within 6 days Details
NHBS Price: £99.00 $126/€118 approx

About this book

`Douglass Shaw's Water Resource Economics and Policy is a timely and useful offering, filling an important void in MS and post bac texts. The beginning chapters provide background in legal and economic theory considerations. Each is followed up in the book with specific regulatory and institutional examples as well as citations and explanations of empirical work in water resources economics. Topics in agricultural and residential water use, as well as reservoir impoundments and trans-boundary water issues, yield useful concepts for a wide range of students. The text serves as a very essential framework with which supplementary readings can be added. The organization of the book is sensible; it provides a means by which a greater body of materials may be arranged. The course I currently teach contains students from a diverse set of academic fields. The text materials are eminently accessible for all of these students. I highly recommend this to be an indispensable source book for water resource economics and policy courses as well as for general reference.'
- Donald M. McLeod, University of Wyoming, US

Economic issues arise in almost every water policy context. Water is of most concern when scarce, but physical scarcity is often overcome as human beings move water from place to place, sometimes creating monumental structures. The role that cost and economic value play in water resource allocation is implicit, but often poorly understood. This comprehensive volume clarifies the role of economics and offers material that can be applied to water resource allocation problems around the world. Topics covered include: groundwater, floods and droughts, in situ uses of water and institutions and law.

'A state-of-the-art and comprehensive review of water resource economics policy issues and research methods needed to address those issues. It can double as a text for classes in water economics as well as a source for researchers who need a state-of-the-art review of the literature.' - Frank A. Ward, New Mexico State University, US 'For years, I've taught water economics and policy by piecing together readings from dozens of texts and articles. Now, I finally have one text that provides comprehensive coverage of water economics at a level both accessible to senior undergraduates while still sufficiently rigorous for graduate students. I cannot wait to use this text in my classes!' - Eric Schuck, Colorado State University, US 'W. Douglass Shaw's Water Resource Economics and Policy is a valuable and timely contribution. Those new to the subject of water resource economics will find a treatment that is both comprehensive and readable, suitable for undergraduate and selected graduate level classes. The book amply demonstrates the application of basic microeconomic principles to water issues and provides valuable in-depth discussion of water quality, and of urban, agricultural, environmental and recreational water use. The economics of risk and uncertainty are clearly presented in the context of drought, flood control and water supply and demand. These are key themes in this field that can be difficult to communicate to undergraduates. This text will be invaluable in teaching water resource economics.' - Bonnie Colby, University of Arizona, US 'Douglass Shaw's Water Resource Economics and Policy is a timely and useful offering, filling an important void in MS and Post bac texts. The beginning chapters provide background in legal and economic theory considerations. Each is followed up in the book with specific regulatory and institutional examples as well as citations and explanations of empirical work in water resources economics. Topics in agricultural and residential water use as well as reservoir impoundments and trans-boundary water issues yield useful concepts for a wide range of students. The text serves as a very essential framework with which supplementary readings can be added. The organization of the book is sensible; it provides a means by which a greater body of materials may be arranged. The course I currently teach contains students from a diverse set of academic fields. The text materials are eminently accessible for all of these students. I highly recommend this to be an indispensable source book for water resource economics and policy courses as well as for general reference.' - Donald M. McLeod, University of Wyoming, US


Contents

Preface 1. Introduction to Water Resources, Water Resource Economics and Law 2. Review of Basic Microeconomics Applied to Water Resources 3. Water Quality Issues 4. Water Prices and Rates for Residential Use 5. Water and Agriculture 6. Uncertainty and Risk in Supply and Demand of Water Resources 7. Ground Water 8. In Situ Uses of Water: Environmental and Recreational Values 9. Floods and Draughts, the Role of Dams 10. Water Issues Outside the US 11. Summary, Suggestions for Future Work, Conclusions Index.

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