University Ofhawaìi at Mānoa Department of Economics Working Paper Series the Economics of Groundwater By

@inproceedings{Wada2012UniversityOA,
  title={University Ofhawa{\`i}i at Mānoa Department of Economics Working Paper Series the Economics of Groundwater By},
  author={Christopher A. Wada},
  year={2012}
}
We provide a synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for renewable resources. General management principles developed through the solution of a single aquifer optimization problem are extended to the management of multiple resources including additional groundwater aquifers, surface water, recycled wastewater, and upland watersheds. Given an abundant (albeit expensive) substitute, optimal management is sustainable in the long run. We… CONTINUE READING