analysis of these structures with illustrative application to the allocation of water resources. Ray Challen introduces and … developments in institutional theory are illustrated by using a case study of institutional change in the regulation of water use …

Water quality markets: institutional design and performance -- Market-like water quality trading: why it matters and … how to make it happen -- Buying water for the environment -- Auctions of water rights -- The economic effects of using … property taxes in lieu of direct user fees to pay for water -- The economics of dam decommissioning for ecosystem restoration …

green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …