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Books > Social sciences > Politics & government > Central government > Central government policies
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What Water Is Worth: Overlooked Non-Economic Value in Water Resources (Hardcover, New)
Loot Price: R2,843
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What Water Is Worth: Overlooked Non-Economic Value in Water Resources (Hardcover, New)
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Water managers tend to have narrow views on what they consider to
be the value of water. However, not all water use is market driven;
therefore, a comprehensive understanding of local community values
associated with water can inform decision making by water managers.
We use the term 'water manager' to encompass not only the singular
person assigned this community duty but also the many councils and
institutions who make decisions regarding local water resources.
Regarding conventional values of water, an abundance of research
exists; yet, for intangible aspects such as conservation for its
own sake and spiritual connections, research involving value is
limited. There are volumes of works that estimate the monetary
values of water; however, intangible values are often overlooked.
In general, few studies endeavor to estimate worth for water that
encompasses more than a monetary value. We argue that it is the
inclusion of both monetary and non-monetary values that justifies
trust in the position of water manager.
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