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Main Title Economic Analysis of Organizations of Water Users.
Author Meye, Charles W. ; Davi, J. Ronnie ; Bec, R. A. D. ;
CORP Author Iowa State Water Resources Research Inst., Ames.
Year Published 1971
Report Number ISWRRI-44; DI-14-01-0001-1605; OWRR-B-011-1A; 13657,; B-011-IA(1)
Stock Number PB-203 347
Additional Subjects ( Organizations ; Economic analysis) ; ( Water supply ; Utilization) ; Costs ; Water quality ; Water consumption ; Economic models ; Iowa ; Ottumwa(Iowa)
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NTIS  PB-203 347 Some EPA libraries have a fiche copy filed under the call number shown. 07/26/2022
Collation 29p
Abstract The investigation began with the generally accepted hypothesis that uncoordinated action by individual water users will result in an inefficient use of water resources, including water quality. The concepts of a private good, public good, joint supply of private and public goods, public 'bads' such as pollution (provided in conjunction with the production or consumption of a private or public good), and ownership externality are introduced and employed to demonstrate the various ways in which the market fails as an allocative mechanism for water resources. Because of the public-good nature of water quality, no organizational structure can be expected to overcome completely the misallocation that results from market failure. Internalization under a single decision unit will still result in arbitrary decisions on matters affecting both allocation and distribution of costs. (Author)
NTIS Title Notes Completion rept. Sep 65-Aug 71.
PUB Date Free Form Aug 71,
Category Codes 13B; 5C; 60I; 65B
NTIS Prices PC A03 MF A01
Document Type NT
Cataloging Source NTIS/MT
Control Number 326521795
Origin NTIS
Type CAT