This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices … household demographics in the utility's service territory to recover the impact of these factors on water demand. An index of … models are used to compute the distribution of utility-level water demand and revenues for any possible price schedule …

The paper provides an integrated framework to assess water markets in terms of their institutional underpinnings and … the three 'pillars' of integrated water resource management: economic efficiency, equity and environmental sustainability …. This framework can be used: (1) to benchmark different water markets; (2) to track performance over time; and (3) to …