Water Law, Water Transfers, and Economic Efficiency: The Colorado River

@article{Burness1980WaterLW,
  title={Water Law, Water Transfers, and Economic Efficiency: The Colorado River},
  author={H. Stuart Burness and James Patrick Quirk},
  journal={The Journal of Law and Economics},
  year={1980},
  volume={23},
  pages={111 - 134}
}
The Colorado River illustrates that inefficient water allocation in the form of restricted transfer rights can give a false impression of water shortages. Transfer obstructions at the Federal, interstate, and intrastate levels include the prior-appropriation doctrine and return-flow externalities. Water allocation can be made more efficient by introducing competitive markets and reducing the amount allotted to agriculture. This would provide incentives to improve irrigation practices and free… 
NEW WATER TRANSFER RESTRICTIONS : THE WEST RETURNS TO RIPARIANISM
Fundamental shifts in water allocation and management are occurring throughout the West. Changing public values have reversed our historic preference for supply augmentation through the construction
Environmental Water Rights Transfers in a Nonprofit Institutional Structure
Increased demand for diminishing water resources has created the need for creative water management strategies. One technique perused in the western United States is the purchase of water rights by
Alternative structures for water rights markets: overview and hypothetical case study
Although there has been general interest in the use of systems of transferable water rights to increase efficiency and flexibility of present water allocation systems, there has been relatively
Water Quality and the Economic Efficiency of Appropriative Water Rights
Many economists have studied the economic efficiency of appropriative water rights under conditions of common access to surface water. The studies in this literature often focus on the issue of how
Problems and Prospects for Water Reallocation in Australia
The misallocation of water supplies and the pressures for reallocation in Australia are well-recognized. Suggestions to achieve more efficient use of the very limited water supplies of the nation
Economic and environmental tradeoffs from alternative water allocation policies in the South Saskatchewan River Basin
This paper compares the economic and environmental performance of a share versus a prior allocation system for managing water in Alberta’s South Saskatchewan River Basin. Currently, water is
Marketing the Colorado River: water allocations in the American Southwest
The Colorado River is the lifeline of the American Southwest and its waters have been litigated, divided, and fought over for more than a century. One of the recent facts water users must face is
Western municipal water conservation policy: The case of disaggregated demand
We investigate aspects of the felicity of both incentive‐based and command and control policies in effecting municipal water conservation goals. When demand can be disaggregated according to uses or
Institutional barriers to water marketing in the west
: Water marketing has been proposed as one means of reallocating water supplies in the western United States. While markets for western water currently exist and may be expected to expand, the
Managing Water: Rights, Markets, and Welfare
This article investigates key aspects related to managing water resources, and explores their implications for economic efficiency: incomplete property rights; overallocation of water; the divergence
...
...