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The Economics of Water : Rules and Institutions.

Bibliographic Details
Main Author: Meran, Georg.
Other Authors: Siehlow, Markus., von Hirschhausen, Christian.
Format: eBook
Language:English
Published: Cham : Springer International Publishing AG, 2020.
Edition:1st ed.
Series:Springer Water Series
Subjects:
Electronic books.
Online Access:Click to View
Table of Contents:
  • Intro
  • Contents
  • Symbols
  • List of Figures
  • List of Tables
  • List of Boxes
  • 1 Introduction
  • 1.1 Introduction
  • 1.2 State of the Literature and the Specifics of Our Approach
  • 1.3 A Novel Technical-Economic Approach
  • 1.4 Structure of This Book
  • 1.5 Important Topics Not Covered
  • 2 Water Availability: A Hydrological View
  • 2.1 Global Water Resources and Water Cycle
  • 2.2 The Regional Water Cycle
  • 2.3 A Simplified Hydro-Economic Model
  • 2.4 Exercises
  • 2.5 Further Reading
  • 3 Integrated Water Resource Management: Principles and Applications
  • 3.1 What Is Integrated Water Resource Management?
  • 3.1.1 Approaches to IWRM
  • 3.1.2 The IWRM Paradigm
  • 3.1.3 A General Framework for IWRM
  • 3.2 The Economic Dimension of Water
  • 3.2.1 Types of Environmental Goods
  • 3.2.2 Economic Dimensions of Water
  • 3.3 Social Welfare, Scarcity, and the Value of Water
  • 3.3.1 Fairness Criteria
  • 3.3.2 Social Welfare Function
  • 3.3.3 Allocation with and without Water Scarcity
  • 3.4 Eco-Hydrology and the Management of Water as a Public Good
  • 3.5 Water Allocation and the Human Right to Water
  • 3.5.1 Millennium Goal 7 and Sustainable Development Goal 6: Water
  • 3.5.2 Water Management for the Very Poor
  • 3.5.3 A Water Market with Extremely Poor Households
  • 3.6 Water Recycling
  • 3.6.1 Nomenclature of Water Recycling
  • 3.6.2 Optimal Recycling
  • 3.6.3 Markets for Recycled Water
  • 3.7 Water Allocation Along Rivers
  • 3.7.1 Basic Model
  • 3.7.2 Two Cases of Upstream Behavior with Scarcity
  • 3.7.3 Two Cases Without Scarcity in One Region
  • 3.8 Groundwater Management
  • 3.8.1 A Simple Groundwater Model
  • 3.8.2 Dynamic Stock Balance for Groundwater
  • 3.8.3 Hydrological and Ecologic Effects
  • 3.9 Water Transfer Between Watersheds
  • 3.9.1 Inter-basin Water Transfer Schemes
  • 3.9.2 Transfer from Water-Rich to Water-Scarce Regions.
  • 3.9.3 Transfer Between Two Water-Scarce Regions
  • 3.10 Water Quality Management
  • 3.10.1 Water Pollution: An Unresolved Issue
  • 3.10.2 Water Quality Management
  • 3.10.3 Optimal Water Quality
  • 3.11 Exercises
  • 3.12 Further Reading
  • 3.13 Chapter Annex: Integrated Water Resource Management
  • 3.13.1 The Dublin Principles
  • 3.13.2 Integration in IWRM
  • 3.13.3 Implementation of IWRM
  • 4 Water Tariffs
  • 4.1 Historical Review of the Water Pricing Debate
  • 4.2 Criteria for Water Tariffs
  • 4.2.1 Revenue Sufficiency
  • 4.2.2 Economic Efficiency
  • 4.2.3 Environmental Sustainability
  • 4.2.4 Social Concerns
  • 4.3 Water Tariff Design
  • 4.3.1 Tariff Structures
  • 4.3.2 Price Discrimination
  • 4.3.3 Two-Part Tariff Versus One-Part Tariff
  • 4.3.4 Universal Service Provider
  • 4.3.5 Optional Tariffs
  • 4.3.6 Seasonal Pricing
  • 4.4 Increasing Block Tariffs
  • 4.4.1 The Concept
  • 4.4.2 Potential Adverse Effects on the Poor
  • 4.4.3 Further Considerations
  • 4.5 Pricing in Unconnected Water Markets
  • 4.5.1 Stylized Facts
  • 4.5.2 Model
  • 4.6 Water Scarcity: Prices Versus Rationing
  • 4.6.1 Options to Deal with Scarcity
  • 4.6.2 Rationing
  • 4.6.3 Comparison
  • 4.6.4 Discussion
  • 4.7 Exercises
  • 4.8 Further Reading
  • 4.9 Chapter-Annex: Overview of Water Tariff Structures
  • 5 Water Markets
  • 5.1 Institutional, Hydrological and Infrastructural Preconditions
  • 5.1.1 Design of Water Markets
  • 5.1.2 Transaction Costs and Institutional Factors
  • 5.2 A Water Market Model
  • 5.2.1 Water Markets and Return Flows
  • 5.2.2 Water Markets and Instream Constraints
  • 5.3 Water Entitlements and Water Allocations
  • 5.4 Exercises
  • 5.5 Further Reading
  • 6 Transboundary Water Resource Management
  • 6.1 Water Rivalry, Agreements, and International Water Rights
  • 6.2 Benefit Sharing Between Two Riparians
  • 6.2.1 Principles of Benefit Sharing.
  • 6.2.2 UID, DID and the Shapley Solution
  • 6.3 Benefit Sharing Between More Than Two Riparians
  • 6.3.1 Model of a River Basin
  • 6.3.2 Benefit Sharing in the Grand Coalition: Four Approaches
  • 6.3.3 Concluding Remarks on the Benefit Sharing Problem
  • 6.4 Bankruptcy Rules for Water Allocation
  • 6.4.1 Principles of Bankruptcy Rules
  • 6.4.2 Hydrologically Unconstrained Allocation Rules
  • 6.4.3 Sequential Allocation Rules
  • 6.5 Flexible Water Sharing
  • 6.6 An Institutional Perspective on Transboundary Water Agreements
  • 6.6.1 An Institutional Approach
  • 6.6.2 Principles for Effective Institutional Development
  • 6.6.3 Idealtypes of Governance
  • 6.6.4 Application to Transboundary Agreements
  • 6.7 Exercises
  • 6.8 Further Reading
  • 6.9 Chapter-Annex: Step-by-Step Solution of Optimization Problems of Sect.6.3
  • Appendix: Karush-Kuhn-Tucker Conditions.

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