Freebairn, John; Quiggin, John - 2006
The relative merits of different systems of property rights to allocate water amongdifferent extractive uses are …, variablesupply is dealt with through the use of water entitlements defined as shares of the totalquantity available. In the second …, there are two types of water entitlements, one forwater with a high security of supply and the other a lower security right …