The Economics of Water : : Rules and Institutions.

• Superior document: Springer Water Series
• Author: Meran, Georg.
• TeilnehmendeR: Siehlow, Markus.; von Hirschhausen, Christian.
• Place / Publishing House: Cham : : Springer International Publishing AG,, 2020.; Ã2021.
• Year of Publication: 2020
• Edition: 1st ed.
• Language: English
• Series: Springer Water Series
• Physical Description: 1 online resource (312 pages)

Table of Contents

Intro -- Contents -- Symbols -- List of Figures -- List of Tables -- List of Boxes -- 1 Introduction -- 1.1 Introduction -- 1.2 State of the Literature and the Specifics of Our Approach -- 1.3 A Novel Technical-Economic Approach -- 1.4 Structure of This Book -- 1.5 Important Topics Not Covered -- 2 Water Availability: A Hydrological View -- 2.1 Global Water Resources and Water Cycle -- 2.2 The Regional Water Cycle -- 2.3 A Simplified Hydro-Economic Model -- 2.4 Exercises -- 2.5 Further Reading -- 3 Integrated Water Resource Management: Principles and Applications -- 3.1 What Is Integrated Water Resource Management? -- 3.1.1 Approaches to IWRM -- 3.1.2 The IWRM Paradigm -- 3.1.3 A General Framework for IWRM -- 3.2 The Economic Dimension of Water -- 3.2.1 Types of Environmental Goods -- 3.2.2 Economic Dimensions of Water -- 3.3 Social Welfare, Scarcity, and the Value of Water -- 3.3.1 Fairness Criteria -- 3.3.2 Social Welfare Function -- 3.3.3 Allocation with and without Water Scarcity -- 3.4 Eco-Hydrology and the Management of Water as a Public Good -- 3.5 Water Allocation and the Human Right to Water -- 3.5.1 Millennium Goal 7 and Sustainable Development Goal 6: Water -- 3.5.2 Water Management for the Very Poor -- 3.5.3 A Water Market with Extremely Poor Households -- 3.6 Water Recycling -- 3.6.1 Nomenclature of Water Recycling -- 3.6.2 Optimal Recycling -- 3.6.3 Markets for Recycled Water -- 3.7 Water Allocation Along Rivers -- 3.7.1 Basic Model -- 3.7.2 Two Cases of Upstream Behavior with Scarcity -- 3.7.3 Two Cases Without Scarcity in One Region -- 3.8 Groundwater Management -- 3.8.1 A Simple Groundwater Model -- 3.8.2 Dynamic Stock Balance for Groundwater -- 3.8.3 Hydrological and Ecologic Effects -- 3.9 Water Transfer Between Watersheds -- 3.9.1 Inter-basin Water Transfer Schemes -- 3.9.2 Transfer from Water-Rich to Water-Scarce Regions.

3.9.3 Transfer Between Two Water-Scarce Regions -- 3.10 Water Quality Management -- 3.10.1 Water Pollution: An Unresolved Issue -- 3.10.2 Water Quality Management -- 3.10.3 Optimal Water Quality -- 3.11 Exercises -- 3.12 Further Reading -- 3.13 Chapter Annex: Integrated Water Resource Management -- 3.13.1 The Dublin Principles -- 3.13.2 Integration in IWRM -- 3.13.3 Implementation of IWRM -- 4 Water Tariffs -- 4.1 Historical Review of the Water Pricing Debate -- 4.2 Criteria for Water Tariffs -- 4.2.1 Revenue Sufficiency -- 4.2.2 Economic Efficiency -- 4.2.3 Environmental Sustainability -- 4.2.4 Social Concerns -- 4.3 Water Tariff Design -- 4.3.1 Tariff Structures -- 4.3.2 Price Discrimination -- 4.3.3 Two-Part Tariff Versus One-Part Tariff -- 4.3.4 Universal Service Provider -- 4.3.5 Optional Tariffs -- 4.3.6 Seasonal Pricing -- 4.4 Increasing Block Tariffs -- 4.4.1 The Concept -- 4.4.2 Potential Adverse Effects on the Poor -- 4.4.3 Further Considerations -- 4.5 Pricing in Unconnected Water Markets -- 4.5.1 Stylized Facts -- 4.5.2 Model -- 4.6 Water Scarcity: Prices Versus Rationing -- 4.6.1 Options to Deal with Scarcity -- 4.6.2 Rationing -- 4.6.3 Comparison -- 4.6.4 Discussion -- 4.7 Exercises -- 4.8 Further Reading -- 4.9 Chapter-Annex: Overview of Water Tariff Structures -- 5 Water Markets -- 5.1 Institutional, Hydrological and Infrastructural Preconditions -- 5.1.1 Design of Water Markets -- 5.1.2 Transaction Costs and Institutional Factors -- 5.2 A Water Market Model -- 5.2.1 Water Markets and Return Flows -- 5.2.2 Water Markets and Instream Constraints -- 5.3 Water Entitlements and Water Allocations -- 5.4 Exercises -- 5.5 Further Reading -- 6 Transboundary Water Resource Management -- 6.1 Water Rivalry, Agreements, and International Water Rights -- 6.2 Benefit Sharing Between Two Riparians -- 6.2.1 Principles of Benefit Sharing.

6.2.2 UID, DID and the Shapley Solution -- 6.3 Benefit Sharing Between More Than Two Riparians -- 6.3.1 Model of a River Basin -- 6.3.2 Benefit Sharing in the Grand Coalition: Four Approaches -- 6.3.3 Concluding Remarks on the Benefit Sharing Problem -- 6.4 Bankruptcy Rules for Water Allocation -- 6.4.1 Principles of Bankruptcy Rules -- 6.4.2 Hydrologically Unconstrained Allocation Rules -- 6.4.3 Sequential Allocation Rules -- 6.5 Flexible Water Sharing -- 6.6 An Institutional Perspective on Transboundary Water Agreements -- 6.6.1 An Institutional Approach -- 6.6.2 Principles for Effective Institutional Development -- 6.6.3 Idealtypes of Governance -- 6.6.4 Application to Transboundary Agreements -- 6.7 Exercises -- 6.8 Further Reading -- 6.9 Chapter-Annex: Step-by-Step Solution of Optimization Problems of Sect.6.3 -- Appendix: Karush-Kuhn-Tucker Conditions.