Dudu, Hasan (contributor); Chumi, Sinqobile (contributor) - 2008
allocation
decisions both within and across water subsectors (Dinar and Mody, 2004; Dinar and Saleth,
2005).
Economic theory … efficient way of allocating scarce resources by
economic theory (Coarse, 1960). However this conclusion depends on restrictive …
assumptions. Economic theory legitimizes the public intervention to the allocation of
resources in cases where the competitive …