Influence of incentives and property rights on future water demand and disputes
- Resumen
- This paper discusses the influence of climate change on future water demand, and the role property rights will play in resolving future water disputes. Climate change is expected to affect water availability through changes in the quantity, variability, timing, intensity, and form of precipitation. This new climatic setting will alter decisions that affect water demand and associated disputes. Climate change will also affect incentives for nations to cooperate over shared water resources. The ability of market institutions to prevent and resolve future disputes will depend on the assignment, enforcement, and trade of well-defined property rights to water resources. Strengths and weaknesses of alternative property rights systems are introduced, followed by a discussion of the unique challenges water presents for the efficient design and allocation of private water rights.
- Autor
- Peck, Dannele E.; Adams, Richard M.
- Palabras Clave
- Recursos hídricos, Derecho de propiedad, Cambio climático
- Idioma
- Inglés
- Documentos
- Ponencia ( 9 pag, 138 Kb )
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