The price of water; studies in water resource economics and mangement
The price of water; studies in water resource economics and mangement.
Merret took early retirement from an academic career in economics to become an environmental consultant with a particular interest in the philosophy of science. Here he assembles 14 papers on the economics and management of water resources that were first published in various professional journals between 1999 and 2004. They mostly concern themes relating to the hydrosocial cycle–when water is abstracted from its natural source in for example a river or lake, channeled, stored, treated, used by consumers, perhaps filled with sewerage and hopefully cleaned of it, and discharged back into some natural medium. Among his topics are the regional water balance statement as a new tool for water resources planning, a potential role for economic instruments in drought management, and behavioral studies of the domestic demand for water services in Africa.
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