A watershed is an area that supplies water by surface or subsurface flow to a drainage system or body of water. Watersheds vary from a few hectares to thousands of square kilometers. Watershed management (WSM) is the integrated use of land, vegetation, and water in a specific drainage area with...

This working paper addresses the issues: 1) whether there is a simultaneous equations problem when estimating demand for water with multipart rate schedules and, if there is one, what techniques should be used to correct for it; and 2) whether average or marginal price is the relevant measure in...

The worldwide concern with deforestation of Brazilian Amazonia is motivated not only by the irreversible loss of this natural wealth, but also by the perception that it is a destructive process in which the social and economic gains are smaller than the environmental losses. This perception also...