num_pages: 222
description: The movement to implement market-based approaches to allocating water is gaining ground across California and in other western states. Proponents argue that markets offer an efficient and cost-effective means of promoting conservation -- those who need water would pay for it on the open market, while others would conserve rather than pay increased prices. Rivers of Gold takes a new look at California's water-reallocation challenge. The author explains the concept of water markets and the economic theory undergirding them. He shows how some water markets have worked -- and others have failed -- and gives the reader the analytic tools necessary to understand why. The 
language: English
title: Rivers of Gold: Designing Markets To Allocate Water In California
titlecomplete: Rivers of Gold: Designing Markets To Allocate Water In California
ratings_count: 3
publisher: Island Press