We estimate market power in California's thin water market. Market frictions may distort the potential welfare gains … from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of market power in a … typical water market setting. We then use this solution to estimate market power in a newly assembled dataset on California …

We study the impact of audits on water conservation, distinguishing between the information and technological … components. We observe water consumption for up to 18 months for 10,000 households in the South East of England who received the … visit of a so-called Green Doctor. We find that water-saving devices decrease water consumption by 2-4%, with an effect that …

In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms …) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the … water among the agents is efficient when it maximizes the total benefits. To sustain an efficient water allocation, the …

We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the … last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific … attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing …

Many water allocation agreements in transboundary river basins are inherently unstable. Due to stochastic river flow …, agreements may be broken in case of drought. The objective of this paper is to analyze whether water allocation agreements can be …

In a river claims problem, agents are ordered linearly, and they have both an initial water endowment as well as a … claim to the total water resource. We provide characterizations of two solutions to this problem, using Composition … free to use any water available on their territory, without concern for downstream impacts. The other solution that we …

This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … policy-making. It is also crucial for effective water demand management. We focus on theapplication of statistical methods to … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …

Price instruments are well known policy handles to influence effectively residential water demand. Prices used to beset … by water authorities in such a way that the principle of cost coverage was respected; they acted as prominentinstruments … in residential water policies in the past decades. More recently however, price instruments areincreasingly used to meet …