Ueda, Tatsuki; Moffatt, Peter - In: Environmental & Resource Economics 54 (2013) 4, pp. 495-523
We design a socially-efficient water tariff in the institutional context of England, where water metering is largely optional and non-metered households are levied proportional to the rateable value (RV) of their property. Within this context, it is theoretically demonstrated that: the larger...