This paper examines how a surface water market affects the performance of a groundwater basin that is in open access …. The market only solves the groundwater over-extraction problem when pumping costs are high, while market failure arises … that pumping costs are low and sellers replace whatever amount they sell with groundwater. Therefore, surface water trade …

"The competition for groundwater sources as a water supply reinforces the need for a strong economic rationale in … concepts related to groundwater, discusses important factors in cost-benefits and life-cycle evaluation, and explains triple …-bottom-line analysis for different groundwater projects. It includes new and updated case studies on groundwater issues with solutions for …

1. Introduction to Groundwater Economic Analysis2. Cost, Benefit, Price and Value of Groundwater in Market and … Nonmarket Settings3. Groundwater Policy and Projects4. Economic Analysis of Groundwater Policy and Projects5. Life-Cycle Cost …-Benefit Analysis6. Transboundary, International and Climate Change Considerations7. Macroeconomic Perspective8. Groundwater in the …