Chakravorty, Ujjayant; Hochman, Eithan; Umetsu, Chieko; … - 2005
Billions of dollars will be spent globally to upgrade water infrastructure in the coming years. The standard economic … prescription is privatization and the introduction of water markets. A major lesson from the recent privatization debacle in …-use. We apply this approach for water by comparing alternative institutions that have market power in each of these micro …