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The Economics of Water Demands (Paperback, Softcover reprint of the original 1st ed. 2002)
Loot Price: R2,763
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The Economics of Water Demands (Paperback, Softcover reprint of the original 1st ed. 2002)
Series: Natural Resource Management and Policy, 22
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This book arose out of a paper that I wrote for the World Bank at
the request of Ariel Dinar, the editor for the series in which this
volume appears. I began that paper by pointing to the growing
importance of demand-side considerations in water resources: "The
provision of potable water is one of government's oldest functions
with evidence of this activity stretching back thousands of years.
During much of that time, water demands were taken as exogenously
given and the principle task of authorities was defined as an
engineering one: how to supply a given quantity of water at least
cost. In recent years, however, concerns have arisen from
observations of excessive water use, degraded water quality and
continued inadequate service for many, especially the very poor. As
a result of these and other concerns, there is a growing effort to
view water resource allocation from a perspective that incorporates
consumers' preferences along with supply constraints into
management plans. " (Renzetti, 2000, p. 123). The purpose of this
volume is to examine, in greater detail than was possible in that
article, what is known regarding the economic characteristics of
the demand for water. Thus, this book is meant to be an extended
critical review of the state of the art.
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