In the face of growing management problems and conflicts over increasing demands and dwindling or increasingly variable supplies of surface and groundwater, the need for revising the conventional water resource allocation methods has been increasingly felt among natural resource managers and...

Paper replaced with revised version 06/03/08

Risk and reliability dominate water supply discussions in the arid western United States. In the past, water managers built additional storage to mitigate supply risk. The optimal, least expensive storage sites have now been taken, and there are strong, environmental objections to new...

Risk and reliability dominate water supply discussions in the arid western United States. In the past, water managers built additional storage to mitigate supply risk. The optimal, least expensive storage sites have now been taken, and there are strong, environmental objections to new...

This paper presents an empirical model for analyzing the economics of information acquisition and adaptive watershed management. An empirical application drawn from the Total Maximum Daily Load standard implemented to control in-stream water temperature pollution for the Navarro River watershed,...

Paper replaced with revised version 06/03/08