Documentos de trabajo
Optimal water use: is anyone getting the right incentives in California?
Date
2005-08-26Author
Dart, Samantha T.
Institutions
Abstract
This paper discusses ~he widespread inefficiency in water pricing today and uses the State of California as an example. After solving the Planner' s Problem I conclude that water for irrigation should cost more than for domestic use. The optimal price leveI can be calculated from a correct measure of the true marginal cost of supply.