Water Quality and the Economic Efficiency of Appropriative Water Rights

  title={Water Quality and the Economic Efficiency of Appropriative Water Rights},
  author={Mark T. Kanazawa},
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 to define appropriative rights in order to promote economic efficiency. An important lack in existing studies is that they typically assume constant water quality, despite the fact that declining water quality is associated with the consumptive use of water from many western rivers. This chapter… 

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