Preface -- 1 Introduction -- 2 Origins of CBA of Wter Use Conflicts -- 3 A Simple Cost-Benefit Rule -- 4 The Main Items in the Cost-Benefit Analysis -- 5 Towards Empirical Measurement of Externalities -- 6 Blueprint for a CBA -- 7 Concluding Remarks -- 8 References -- 9 Appendices -- Index

"This book presents research on a kind of water use conflicts that is becoming more and more common and important: How to best manage moving water in times of increasing demand for electricity as well as environmental services. How should decisions be made between water use for electricity...

An important conclusion from the literature on hydropower is that if there are no other constraints than the available water reservoirs for a year, and operating costs are ignored, the competitive (and socially optimal) outcome is characterized by the (present value) price being constant through...

When a monopolistic hydro producer interacts with a competitive thermal fringe, the short-run revenue function of the hydro monopolist is non-concave. This implies that even if the demand function is stationary, equilibrium prices may fluctuate through the year. For given capacities, both hydro...