Tradable water rights are one of several market-based instruments used in water management and pollution control. In economic theory, they are increasingly seen as an efficient instrument for implementing environmental and natural resources management policies, even though they are among the most challenging means in terms of both their design and implementation.
Tradable water rights are one of several market-based instruments used in water management and pollution control. In economic theory, they are increasingly seen as an efficient instrument for implementing environmental and natural resources management policies, even though they are among the most challenging means in terms of both their design and implementation.
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