Emerging water markets in the western United States have slowly developed as usage patterns have changed over time …. This article develops an econometric model for the Gila-San Francisco Basin. Results indicate the market price of water has … price and quantity of water transferred, year the transaction occurred, location where the transaction occurred, new use of …

Employing a unique and rich data set of water quality attributes in conjunction with detailed household characteristics … and trip information, we develop a mixed logit model of recreational lake usage and undertake thorough model specification … model. Our empirical analysis shows that individuals are responsive to the full set of water quality measures used by …