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In an article which appeared in this review, we have presented a statistical analysis of the relationship between water use restrictions and urban water use in Perth, Western Australia. The results of our study allow us to predict probable water use with and without water use restrictions. The...
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The method used to ration a project's output determines who obtains it, and therefore, the valuation that is placed on it. Hence, when we conduct cost-benefit studies, we must consider simultaneously the way in which a project's benefits are measured and the method used to ration a project's output
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From an economic point of view, the 1980's promise to be a period of difficulty and adjustment for the water supply industry. Increased demands for water, new regulations and standards, increased investment outlays, relatively high inflation and associated interest rates will all create...
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Global 2000's alarming statements about the future state of the world's water resources are inconsistent with - in face, are completely opposed to - the report's own analysis of what can be reasonably said about these resources. Since the materials on water represent such a clear example of the...
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William E. Sharpe, in his October 1978 article in this journal, has presented several methods (policies) for municipal water conservation. Moreover, Mr. Sharpe has expressed his opinion concerning the desirability of each. This was done without reference to a specific objective (what is formally...
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