Cover; Title; Copyright; Contents; Foreword by Kenneth D. Frederick; Acknowledgments; Introduction; 1. MUNICIPALITIES; Price Elasticity of Municipal Water Demand; The Value of Water in Municipal Use: Concepts; The Value of Water in Municipal Use: Estimates; Comments; 2. IRRIGATION; Water Demand for Irrigation; Valuation Methods; Estimates of Water Values; Comments; 3. INDUSTRY; Industrial Water Demand and Value: Concepts; Estimates of Water Values; Comments; 4. WASTE ASSIMILATION; Pollutants; Valuation Methods; Estimates of Water Values; Comment; 5. RECREATION AND ESTHETICS; Valuation Methods
Estimates of Water ValuesComments; 6. NAVIGATION; Mechanics of Waterway Navigation; Navigation Water Demand; The Economic Value of Navigation; Estimates of Water Values; Comments; 7. HYDROPOWER; The Value of Water for Hydropower: Concepts; Estimates of Water Values; Comments; EPILOGUE
Summary
Gibbons examines the water supply problem through five case studies. The problems faced by these regions and the methods suggested to overcome them provide excellent models for the entire United States. The case studies--typically, expanding supplies--but economic efficiency principles lead to emphasizing managing the demand. In many cases, this means reducing demand by raising prices
