Corpus ID: 107209535

Water Markets and the Prior Appropriation Doctrine

@article{Gisser2002WaterMA,
  title={Water Markets and the Prior Appropriation Doctrine},
  author={Micha Gisser},
  journal={Journal of Contemporary Water Research & Education},
  year={2002},
  volume={121},
  pages={4}
}

Micha Gisser

Published 2002

Engineering

Journal of Contemporary Water Research & Education

Economics deals with the allocation of scarce resources among many consumer goals. Water is a scarce resource in the southwestern states and a plentiful resource in the humid eastern states. Scarcity, however, is a relative term. For example, in Arizona, ground water was available in vast amounts during the first half of the 20 century. Nevertheless, with the growth of cities, industries, and mines in the second half of the 20 century demand for water intensified, thus rendering ground water in… CONTINUE READING

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