The Economics of Water: Rules and Institutions

This open-access textbook offers a comprehensive introduction to economic approaches and mathematical methods for studying water allocation and distribution problems. It discusses central issues in integrated water resource management, water tariffs, water markets, and transboundary water management, and develops a modern perspective on water management by illustrating the interplay between the hydrological cycle and the rules and institutions that govern water allocation policies. It also assesses the political and ethical dimensions of water management and its institutional embeddedness, making it appealing to advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector.

Format: Paperback / softback
Length: 301 pages
Publication date: 06 September 2021
Publisher: Springer Nature Switzerland AG

This open-access textbook offers a comprehensive introduction to economic approaches and mathematical methods for analyzing water allocation and distribution problems. Written in a clear and accessible style, it delves into key issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions governing today's water allocation policies, the authors develop a modern perspective on water management. Furthermore, the book provides an in-depth assessment of the political and ethical dimensions of water management, exploring distribution issues and the enforceability of human rights in managing water resources. Given its broad scope, the book is intended for advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector, seeking a deeper understanding of economic approaches to water management.

Introduction:
This textbook provides a concise and comprehensive introduction to economic approaches and mathematical methods for studying water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern today's water allocation policies, the authors develop a modern perspective on water management.

Key Features:
1. Comprehensive Coverage: The textbook covers a wide range of topics related to water management, including integrated water resource management, water tariffs, water markets, and transboundary water management. It provides a comprehensive understanding of the economic principles and analytical tools that are used to address these complex problems.
2. Accessible Style: The text is written in a clear and concise manner, making it accessible to students with a variety of backgrounds, including economics, engineering, and environmental science. It uses simple language and examples to illustrate key concepts and theories, ensuring that readers can grasp the material easily.
3. Real-World Applications: The book emphasizes the practical applications of economic approaches to water management. It discusses case studies and real-world examples from various regions and countries, helping readers to understand how economic principles can be applied to real-world water allocation and distribution challenges.
4. In-Depth Assessment: The book provides an in-depth assessment of the political and ethical dimensions of water management. It discusses distribution issues and the enforceability of human rights in managing water resources, providing readers with a comprehensive understanding of the complex challenges that arise in water management.
5. Broad Audience: The textbook is intended for advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector. It offers a valuable resource for those seeking a deeper understanding of economic approaches to water management and its practical applications.

Conclusion:
This open-access textbook provides a comprehensive and accessible introduction to economic approaches and mathematical methods for studying water allocation and distribution problems. Written in a clear and concise style, it covers a wide range of topics and provides real-world applications and an in-depth assessment of the political and ethical dimensions of water management. It is an invaluable resource for students, practitioners, and anyone interested in understanding the economic challenges and opportunities associated with water management.

Weight: 492g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030484873
Edition number: 1st ed. 2021