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 …

Lantapan, Bukidnon, found that water quantity and quality declined due to soil erosion and domestic waste contamination. As … population grows and agriculture becomes more integrated to the market, water deterioration is projected to worsen. Both economic …