Main Title |
Re-Examination of the Common Pool Problem. |
Author |
Stobe, W. J. ;
|
CORP Author |
Louisiana Water Resources Research Inst., Baton Rouge. |
Year Published |
1972 |
Report Number |
DI-14-31-0001-3018; OWRR-A-018-LA; 01956,; A-018-LA(1) |
Stock Number |
PB-213 191 |
Additional Subjects |
( Water wells ;
Taxes) ;
Cost comparison ;
Aquifers ;
Demand(Economics) ;
Efficiency ;
Policies ;
Common pool problem ;
Ground water economics
|
Holdings |
Library |
Call Number |
Additional Info |
Location |
Last Modified |
Checkout Status |
NTIS |
PB-213 191 |
Some EPA libraries have a fiche copy filed under the call number shown. |
|
07/26/2022 |
|
Collation |
24p |
Abstract |
A well field drawing from an aquifer that is replenished by a lake or perennial stream is in a steady-state condition, provided that the aquifer is never dewatered no matter how long pumping continues. An economic problem, the common pool problem, is more complex than heretofore recognized for, although the private costs for any well fail to recognize the interference it causes to other wells, the interference of other wells is reflected in the costs of the first well. The excess of marginal social costs over marginal private costs can be corrected (to equate the two) by a pumpage tax on each well that is proportionate to the socially optimal offtake from other wells. (Author) |
NTIS Title Notes |
Completion rept.. |
PUB Date Free Form |
31 Oct 72, |
Category Codes |
13B; 60I |
NTIS Prices |
PC A02/MF A01 |
Document Type |
NT |
Cataloging Source |
NTIS/MT |
Control Number |
326534068 |
Origin |
NTIS |
Type |
CAT |