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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 …
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water allocation rules. Our analysis offers a theoretical interpretation for the variety of findings in the case study …
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extent to which water and sanitation may foster inequalities remains unclear. In this sector, disparities emerge as lower …-income households may encounter reduced access to clean water, utilize less water, or bear a disproportionately higher financial burden … than higher-income households. In this paper, we investigate latter source of inequality in the water and sanitation sector …
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I study how the distribution of environmental goods and income affect the economic valuation of local public goods. I find that how environmental inequality affects societal willingness to pay (WTP) for environmental local public goods is determined by their substitutability as well as by how...
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