The problem that we address in this paper stems from the trend to delegation in the water management field. The problem that we address refers to the municipality's negotiating disadvantage in the face of some cartelized water management. We discuss the specific characteristics of the delegation...

[fre] L'objet de ce papier est de comprendre et de poser, en vue de leur résolution analytique, quelques uns des problèmes d'économie industrielle que la gestion de l'eau engendre. Nous montrons que cette question sectorielle au sein de l'économie de l'environnement admet des réponses qui...

The problem that we address in this paper stems from the trend to delegation in the water management field. It refers to the municipality’s negotiating disadvantage in the face of cartelized water management firms that makes delegation, once undertaken, virtually irreversible. We show why the...

This paper uses standard methods in stochastic calculus tomeasure the cost of the agency conflict that pits electedofficials of French municipalities against the communities theyrepresent in the management of the water supply. Under the Frenchlegal code, the municipalities are responsible for...