Grafton, R. Quentin; Libecap, Gary; McGlennon, Samuel; … - In: Review of Environmental Economics and Policy 5 (2011) 2, pp. 219-239
This article presents an integrated framework for assessing water markets in terms of their institutional foundations, economic efficiency, and environmental sustainability. This framework can be a tool for (a) comparing different water markets, (b) tracking performance over time, and (c)...