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Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. But, for a variety of reasons, water markets are more complicated than are those for other resources. In this paper, we first explain these differences by...
Persistent link: https://www.econbiz.de/10012709522
Persistent link: https://www.econbiz.de/10007737931
"Rising urban and environmental demand for water has created growing pressure to reallocate water from traditional agricultural uses. The evolution of water markets has been more complicated than those for other resources. In this paper, we first explain these differences by examining water...
Persistent link: https://www.econbiz.de/10005686283
Persistent link: https://www.econbiz.de/10007991208
Rising urban and environmental demand for water has created growing pressure to re-allocate water from traditional agricultural uses. The evolution of water markets has been more complicated than those for other resources. In this paper, we first explain these differences by examining water...
Persistent link: https://www.econbiz.de/10005778036
Persistent link: https://www.econbiz.de/10007724447
We examine the implications of the public trust doctrine in natural resource protection and conservation. A model of litigation and settlement among disputing parties suggests that the public trust doctrine introduces more costs and is more time consuming than would be the case with alternative...
Persistent link: https://www.econbiz.de/10010910145
We examine the implications of the public trust doctrine in natural resource protection and conservation. A model of litigation and settlement among disputing parties suggests that the public trust doctrine introduces more costs and is more time consuming than would be the case with alternative...
Persistent link: https://www.econbiz.de/10005658946
We show that gasoline retailer profits heavily depend on the direction of wholesale cost movements. Using a unique, firm-level, proprietary sample of 121 U.S. gasoline retailers collectively operating over 4500 stores, we find that it tends to be only in months when wholesale prices are...
Persistent link: https://www.econbiz.de/10011100133
Persistent link: https://www.econbiz.de/10008161492