Libecap, Gary D.; Grafton, Quentin; Landry, Clay; … - 2014
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 …
