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...

'Resource Economics' engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The 4th edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of...