Smart Markets for Water Resources

A Manual for Implementation de

,

Éditeur :

Springer


Collection :

Global Issues in Water Policy

Paru le : 2017-04-20

eBook Téléchargement , DRM LCP 🛈 DRM Adobe 🛈
Lecture en ligne (streaming)
105,49

Téléchargement immédiat
Dès validation de votre commande
Image Louise Reader présentation

Louise Reader

Lisez ce titre sur l'application Louise Reader.

Description


Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. 
The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. 
The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as:
Why water should be more expensive near sensitive environmental locations,
Ways to set initial allocations of water rights,
The role of regulatory oversight,
The prerequisites of a water market, and
How to counter objections to water markets. 


The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.
Pages
313 pages
Collection
Global Issues in Water Policy
Parution
2017-04-20
Marque
Springer
EAN papier
9783319550077
EAN PDF
9783319550084

Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
31
Taille du fichier
7045 Ko
Prix
105,49 €
EAN EPUB
9783319550084

Informations sur l'ebook
Nombre pages copiables
3
Nombre pages imprimables
31
Taille du fichier
2540 Ko
Prix
105,49 €