Groundwater resources (GW) account for nearly 30% of the world's sustainable water supplies. Yet, this resource, which is fraught with externalities, has largely been left unregulated. The economic literature on GW is predominantly of a partial equilibrium type. We analyze GW regulation in a...

"The chapter highlights the structure of the book, explains its approach and summarizes its main message. Increased water scarcity intensifies the tradeoffs inherent in allocating water to competing uses and turns the policy challenge of managing water resources ever more crucial. The book...

The state of water resources and the need for a comprehensive perspective -- The water economy -- Supply costs, demands and benefits -- Optimal water policy -- Water regulation -- Conjunctive use -- Case studies of regulatory interventions -- Economy-wide considerations of water management --...

Governments and developing agencies promote participatory approaches in solving common pool resource problems, such as in the water sector. Two main participatory approaches have been applied separately, namely negotiation and mediation. In this paper the authors apply the Role-Playing Game that...