Contents: Part I: The Value of Water in Alternative Uses: Estimating the value of water in alternative uses, Bonnie G. Colby. Consumptive Water Uses: Rural-to-urban water transfers: measuring direct foregone benefits of irrigation water under uncertain water supplies, R.G. Taylor and Robert A. Young; Scarcity rents for water: a valuation and pricing model, James E.T. Moncur and Richard L.

Pollock; The value of water supply reliability in urban water systems, Charles W. Howe and Mark Griffin Smith with Lynne Bennett, Charles M. Brendecke, J. Ernest Flack, Robert M. Hamm, Roger Mann, Lee Rozaklis and Karl Wunderlich. Non-consumptive Water Uses: Recreational demands for maintaining instream flows: a contingent valuation approach, John T. Daubert and Robert A. Young; Measuring the total economic value of restoring ecosystem services in an impaired river basin: results from a contingent valuation survey, John Loomis, Paula Kent, Liz Strange, Kurt Fausch and Alan Covich.

Part II: Management and Optimum Water Allocation: Managing water scarcity: an evaluation of interregional transfers, H. J. Vaux, Jr and Richard E. Howitt. Basin Allocation and Optimum Surface Water Uses: Efficient spatial allocation of irrigation water, Ujjayant Chakravorty and James Roumasset; A spatial model of optimal water conveyance, Ujjayant Chakravorty, Eithan Hochman and David Zilberman; The optimal joint provision of water for irrigation and hydropower, Bishu Chatterjee, Richard E. Howitt and Richard J. Sexton. Optimum Use of Groundwater: Groundwater: focusing on the real issue, Micha Gisser; Optimal management of a renewable and replaceable resource: the case of coastal groundwater, Darrell L.

Krulce, James A. Roumasset and Tom Wilson. Conjunctive Water Use: Approximating the optimal groundwater pumping policy in a multiaquifer stochastic conjunctive use setting, Bill Provencher and Oscar Burt; The stabilization role of groundwater when surface water supplies are uncertain: the implications for groundwater development, Yacov Tsur; Constrained conjunctive-use for endogenously separate water markets: managing the Waihole-Waikane aqueduct, Rodney B. W. Smith and James Roumasset. Part III: Institutional Arrangements and Water Management: Normative and positive aspects of institutional economics: the implications for water policy, Marie Leigh Livingston. Institutional Arrangements and Water Allocation among Users and Regions: Institutions and conjunctive water management among three western states, William Blomquist, Tanya Heikkila and Edella Schlager; Evaluating institutional alternatives for managing an interrelated stream-aquifer system, Robert A. Young, John T.

Daubert and Hubert J. Morel-Seytoux. Allocation among States or Nations:Transboundary water management: game-theoretic lessons for projects on the US-Mexico border, George B. Frisvold and Margriet F. Caswell; Conflict and cooperation in managing international water resources such as the Great Lakes, Nir Becker and K. William Easter. Part IV: Economic Instruments for Water Management: The use of water pricing as a means for enhancing water use efficiency in irrigation: case studies in Mexico and the United States, Ronald G. Cummings and Vahram Nercissiantz.

Water Pricing, Taxes and Subsidies: The relative efficiency and implementation costs of alternative methods for pricing irrigation water, Yacov Tsur and Ariel Dinar; Comparing residential water demand estimates under decreasing and increasing block rates using household data, Michael L. Nieswiadomy and David J. Molina; Demand side management policies for residential water use: who bears the conservation burden?, Mary E. Renwick and Sandra O. Archibald. Water Markets: Formal and informal markets for water: institutions, performance and constraints, K. William Easter, Mark W. Rosegrant and Ariel Dinar; Water right transactions: market values and price dispersion, Bonnie G.

Colby, Kristine Crandall and David B. Bush; Modeling intrastate and interstate.